ARE YOU AN EXTERNAL ADMINISTRATOR BEING QUESTIONED BY CREDITORS?
Or, are you a creditor of a liquidated company seeking information? Legislative changes commencing in 2017 conferred additional power on creditors of companies in external administration. The additional powers included a right for creditors to obtain information and records from an external administration. INTRODUCTION OF THE POWER The above...
Read MoreAre You A Director Of An Insolvent Company?
Being a Director of a struggling company can carry some very serious implications for the Directors if certain actions are not carried out. An insolvent company is a company that is unable to pay its debt as and when they fall due, for example, they do not have enough cash...
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