Our Firm of Experts deal exclusively with Crown Liquidation matters. We are Administrators, Receivers and Managers, Liquidators, Trustees, Expert Witnesses, supported by Accountants.
This involves winding up the affairs of the company due to the liquidation court order. Either they will be placed into voluntary administration and a proposal for a Deed of Company Arrangement with the creditors
The final court order is to wind up the affairs of an insolvent company by way of an application to the Court. The most common reason why a company is wound up by the Court is because it has failed to comply with the demands of an unsecured creditor. Appointment is made by an unsecured creditor. Benefits
Allows creditors to wind up companies who have not paid their debts.
The Official Liquidator takes possession and control of the company’s assets for the purpose of realising the maximum amount for creditors.
The Official Liquidator investigates the company’s affairs to determine if there are any further assets to be realised or any other actions may be commenced. Such actions can include public examinations, trading whilst insolvent actions and voidable transaction recoveries