Insolvent Liquidation
Insolvent Liquidations despite the best efforts of the company, its shareholders and directors, sometimes the only course of action – and the correct one open to the stakeholders – is for a company to cease trading and enter liquidation.
We can:
- Act as liquidator as either the company nominee or on behalf of a creditor.
- Assist directors meet their statutory obligations.
- Assist in the preparation of a Statement of Affairs and supplementary information for presentation to creditors.
- Represent creditors at winding-up meetings.
- Advise directors in relation to defending restriction / disqualification proceedings.
- We can assist creditors in connection with retention of title claims in certain instances.
- Assist the insolvent company through its directors or shareholders to petition the High Court to wind up the company by means of a compulsory winding up. This option may also be utilised by creditors.
For more information or to discuss your specific requirements, please contact a member of our team