QUOTE(IneedHelp345 @ Jan 5 2016, 11:47 AM)
Thanks for the reply! Should we look for them after we sell things we could sell and repay all the debt first or let them to handle? Coz I'm afraid liquidator might lelong our machinery and under quote our machine price and end up we got not enough money for debt repayment.
I do not see why there is need of hurry on appointing liquidator. You can shut down the company operation aka not doing business anymore, but there is no need to hurry to liquidate the company. Settled everything first aka collect every debt to/owed to the company, selling/cash out valuable asset of the company, distributed available cash as director fee or dividend, and the company left as shell then appointing liquidator.
Jan 5 2016, 12:41 PM
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