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Creditors meeting

  • 05-12-2012 8:39pm
    #1
    honeybear
    Registered Users, Registered Users 2 Posts: 5,648 ✭✭✭


    Heard this phrase today and I'm wondering what does a creditors meeting mean? Does it mean the end of a company?


Comments

  • #2
    Peterdalkey
    Closed Accounts Posts: 2,091 ✭✭✭Peterdalkey


    Sadly yes, company law requires that the creditors of an insolvent company must be able to attend a meeting to appoint a liquidator. See www.insolvencyjournal.ie for more info.

    Cheers

    Peter


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