Insolvency

  • 03/12/2021 0 Comments
    Creditors Meetings Explained

    Meeting Format:

    The creditors meeting takes place at a place and time as advertised in the statutory notices (10 days notice by post to creditors and advertised in 2 daily newspapers) and is chaired by one of the directors who may be assisted by an accountant or legal advisor.

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  • 03/12/2021 0 Comments
    Steps to follow in Preparing a Company for Liquidation

    When a company is facing insolvency, it can be a difficult and stressful time for directors. Nonetheless, it is important that the directors seek professional advice to ensure that they meet their legal obligations and organise an orderly windup.

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