How it Works
This special form of Court appointed Liquidator is typically used in instances where there is an urgency or concern for the protection of company assets. It may not be necessary for the company to be wound up because it is insolvent. Although in frequent, it is also possible for the company to be returned to the directors’ care. The appointment is usually made on the application of a creditor, shareholder or director.
- The Provisional Liquidator takes possession and control of the assets and affairs of the company. Assets that are in danger are therefore secured.
- It allows for an investigation of the company’s affairs to be conducted and the results reported to the Court. The Court may then appoint an Official Liquidator or return the control of the company to the directors.
Why we are trusted by clients
We take the time to listen
We listen first and then act. Helping you is our first priority.
Helping you regain control
Control of your finances, your business and your life.
A client focused approach to Insolvency
Our role is to earn your trust and so you know you have someone on your side.