What is a company liquidator?

Aug 26, 2020 | Blogs

A liquidator is someone who is appointed when a company has to wind-up or goes into liquidation. They are responsible for collecting all of the assets of the company in liquidation, settling all claims against the company and finally putting the company into...

What is Insolvency?

Aug 26, 2020 | Blogs

A company is insolvent if it has insufficient money or assets to discharge its debts and liabilities. Insolvency can arise from poor cash management, a reduction in cash inflow, or an increase in expenses. It can lead to insolvency proceedings, in which legal action...

What does an Insolvency Practitioner do?

Aug 26, 2020 | Blogs

Although their role differs slightly depending on the particular type of procedure, an insolvency practitioner’s basic duties are to realise company assets to the best of his/her capabilities for the benefit of creditors.Insolvency practitioners mainly work with...