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Media
Sunrise Radio facing wind-up order
By Chris Cooke | Published on Thursday 29 August 2013
The Sunrise Radio company, which operates a number of local radio stations around the country, with programming mainly aimed at the Asian community, is facing a wind-up order from HM Revenue & Customs, according to Biz Asia, which reckons the business owes £400,000 to the tax body.
A petition to “wind-up” the Sunrise group, which runs Sunrise Radio, Kismat Radio, Punjabi Radio and Buzz Radio, was issued last month, and will go before the courts on Monday. The move follows what has seemingly been a challenging year for the media firm, which shut down its TV service earlier this year, and ceased broadcasting its main radio station on the Sky and Virgin TV networks.
Although if the petition is successful, HMRC could push for Sunrise Radio to be put into liquidation, the radio firm has told Biz Asia it isn’t currently facing closure.