Remove a Liquidator – What Creditors can do when they’re unhappy with the Liquidator
We regularly hear clients complain that the Liquidator of the company is not doing his/her job. But what options does the aggrieved creditor have?
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We regularly hear clients complain that the Liquidator of the company is not doing his/her job. But what options does the aggrieved creditor have?
Winding Up Petitions are one of the most serious threats a company and its Directors can face. They move quickly, they trigger automatic consequences and they can place Directors personally at risk long before any Liquidator is appointed. Many Directors only discover this when it is too late.
Before Company Liquidation: What the Director must consider. Failing to prepare is preparing to fail.