Liquidation

Home / Archive by category "Liquidation"

Draft CVL Bill Open to Abuse

By Stephen Briscoe The draft bill was put into the public domain on 10 July with an 18 day period for parties to make representations.  The draft bill runs to 77 pages, whilst the draft notes run to another 20 pages.  To suggest that a draft bill that, (it must be assumed), has been several…

Continue Reading

S.228A Liquidations – Take Care!

Recently, the Court was asked to consider the circumstances in which it was appropriate to use the s.228A procedure to place a company into liquidation. Given that liquidations started using this procedure are relatively infrequent, it is unusual to see the question of its use come before the court. The background was that as a…

Continue Reading