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Members’ Voluntary Winding Up

mrjoneill · 2012-11-18 18:41:45

Anyone any information of what role a creditor can play in such a wind up and what is one entitled to at a creditors meeting and what percentage do end up with the creditors being reimbursed. I understand the company directors must give an undertaking that it can meet its creditors before such is sanctioned by the courts.…

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18-11-2012 7:41pm

#1

mrjoneill

Registered Users Posts: 536 ✭✭✭

Join Date: September 2008

Posts: 507

Anyone any information of what role a creditor can play in such a wind up and what is one entitled to at a creditors meeting and what percentage do end up with the creditors being reimbursed. I understand the company directors must give an undertaking that it can meet its creditors before such is sanctioned by the courts. Do the creditors get any say or watch on this liquidation process.

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#2 18-11-2012 9:54pm
dudara

Registered Users Posts: 33,519 ✭✭✭✭

Join Date: September 2003

Posts: 32069

In this case, is the creditor a regular consumer, or a business?

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#3 18-11-2012 10:27pm
mrjoneill

Registered Users Posts: 536 ✭✭✭

Join Date: September 2008

Posts: 507

regular consumer

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