A Nisa Local store in Darwen has closed and liquidators have been appointed to the store by the High Court of Justice.
The liquidators will take control of the business, on 140-148, Blackburn Road, and will settle any legal disputes or outstanding contracts.
Nisa confirmed that it is no longer trading with the store or the store’s independent retailer. It also confirmed that Nisa is not involved in the legal process.
It said Nisa stores are independently operated and owned and independent partners purchase products from the business.
It also confirmed the store’s closure is not linked to increased competition in Darwen.
This is after rival supermarket brand Tesco recently opened an Express store in the area.
Nisa said it could not provide further comment or information for legal reasons.
Liquidators were appointed to the store, which is managed by Mr Imtiyaz Ismail Bachcha according to Companies House, on May 30.
A petition to wind up the store, which is thought to have opened around a year ago, began in January.
On May 21, the business was issued a ‘winding up order’, an instruction from the court to close down a company and liquidate its assets.
It follows a winding-up petition made by a creditor, which usually follows a series of unsuccessful attempts to recover money.
A virtual meeting, with the store’s creditors and contributors will now be held to establish a liquidation committee.
A spokesperson for Nisa said: "Nisa can confirm it is no longer trading with the store."
The retailer of the Darwen store has been approached for comment.
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