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Business Recovery & Insolvency
If a company is insolvent then sometimes
entering a formal insolvency procedure is unavoidable or even
considered to be the best course of action given the circumstances
of the company concerned.
A liquidator is appointed to a company either
by the courts through Compulsory liquidation or voluntarily
from the instigation of its directors. Usually Compulsory liquidation
is commenced by a creditor by petitioning for a winding up order
through the courts. The main aim of a liquidators appointment
is to bring the company’s life to an end, to maximise the
return to the company’s creditors and to seek its eventual
dissolution.
Please select an area you are interested
in from the list below.
To find out more, please explore
the links. |
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