Administration
When Appointed Administrator, the affairs, business and property are managed by the Office Holder who acts as agent of the respective company without personal liability. Administration is a useful procedure for companies which appear to…
Learn MoreCreditors Voluntary Liquidation (CVL)
The CVL procedure is the most popular mechanism for closing down and winding-up a company that is insolvent and is unable to meet its liabilities as and when they fall due. The procedure is used…
Learn MoreMembers Voluntary Liquidation (MVL)
An MVL takes place when the director(s) swear a statutory declaration stating that the company has sufficient assets to be able to pay all of its creditors in full (together with all costs and statutory…
Learn MoreCompany Voluntary Arrangement (CVA)
A CVA is a legally binding agreement between a company and its creditors. It is often in the best interests of an insolvent company’s creditors and can allow the company to continue trading under the…
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