Can you block a voluntary liquidation?

Can you block a voluntary liquidation?

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Has anyone any experience with preventing a voluntary liquidation? 

We paid the Company for some services that were not delivered and want to recover the money.

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By Steve McQueen
14th Feb 2012 19:35

No

You are not going to be able to block it.

 

If you are the largest creditor you will be able to get control of it.

 

Send in your claim form, get the IP's statement of affairs and get professional advice.

 

The initial advice should be free, from there on in its going to cost you a lot of cash to get control - be thinking >£5,000.

 

If you want to do this all depends on how much you are trying to recover, if you believe / can prove something dodgey going on and how much emotion you wish to experiance.

 

If you are only owed a free grand, fill in the IP's claim forms and attend the meetings by all means, but chalk the whole affair up to experiance and move on.

 

Steve 

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By zebaa
14th Feb 2012 20:18

Nah...

Waste of time, to even try and get your money back. Its gone. I do not think I have ever obtained anything as an unsecured creditor, but the bank & HMRC sometimes do, while the IP often does quite nicely, thank you. As Steve says, move on.

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