Compulsory Liquidation

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What is Compulsory Liquidation?

This can be a stressful time for a company director. We can help alleviate the stress and provide sound advice.

Compulsory Liquidation is when the court orders that a Company is wound up, often on the application of a creditor. The Official Receiver is initially appointed Liquidator but may later be replaced by an Insolvency Practitioner.

 

The Directors have very little control in this scenario and it is therefore vital that they get the best possible advice to avoid potentially serious personal consequences.

 

Contact us on 0791 88 66 245 for further information.

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