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This is when Parkin S Booth is approached by a company’s directors in order to put the company experiencing
financial difficulty into liquidation. We assist in convening a meeting of shareholders and creditors and will help the
directors in producing a report and statement of affairs for these meetings.
The Liquidators function is to then realise the company's assets and distribute
to the company's creditors before the company is finally wound up.
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- All aspects of liquidations, administrations and company voluntary arrangements
- The effect of fixed and floating charges
- Directors/Employees rights to redundancy, notice pay, etc.
- Directors' responsibilities and guarantees
- Dealing with Bailiffs/High Court Enforcement Officers
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- Bankruptcy Orders
- Individual Voluntary Arrangements
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