Liquidation

take over a limited company

Is It Possible in the UK to Takeover a Limited Company that’s in Receivership or Liquidation?

When a limited company enters receivership, also known as administrative receivership, it is usually because it has serious cash flow problems and is insolvent. The same can be said for a company being liquidated. Both processes are for insolvent limited companies and must be handled in accordance with the Insolvency Act 1986. However, the process …

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