Appointing a liquidator

The partners will accept appointment as liquidators, under any one of the methods of appointment for a liquidator currently provided for by the Companies Act 1993:

Court appointed liquidator

We can be appointed to the liquidation of a company by the Court on the application of the company, a director, shareholder, creditor, the Registrar of Companies, or other entitled person. 

Solvent voluntary liquidation

In these situations we are appointed liquidator by the shareholders and will attend to the various tasks associated with an orderly winding up, payments to creditors and shareholders and striking off of the company.

Satutory re-organisation

Where a group of companies is involved, a statutory re-organisation can be undertaken instead as provided for by the Companies Act 1993.  This may be more cost and tax effective then a normal liquidation.

Insolvent voluntary liquidation

A voluntary liquidation often avoids the cost and delay associated with a court ordered liquidation.  A special resolution by 75% of the shareholders is required.  Our partners are available to accept appointment as liquidators, and will attend to the winding up and the distribution of the company's assets.