The liquidator is one of the key appointments when a company enters into a creditors’ voluntary liquidation (CVL). Not sure what a CVL is? We’ve written a deep dive explaining everything you need to know about CVLs here.
The liquidator is an authorised and licensed insolvency practitioner responsible for overseeing the liquidation process. Their role is to realise any available company assets and distribute the proceeds to creditors.
However, what if there are situations where creditors or members become dissatisfied with the liquidator’s performance? Can you change liquidators in a CVL?
In this article, we’ll explore the process involved in replacing a liquidator and three situations where creditors can request for a change in liquidator.
I would like to thank Irwin’s for the work and help that was done in securing an IVA for my wife. Your team showed great commitment and tenacity throughout the whole process without which we could not have achieved this outcome. Thank you again for your team’s help in moving forward.
Mr. T & Mrs. D B
Thank you for all your help in the liquidation. I will always pass on your details and recommend you.
Mr. J M
Great Guys. Very Competent. Sat down with me and explained the law and all the proceedings without rushing me. Kept me up to date with everything. Great Service and would not hesitate to use again. 5 Stars !
Mr. Adam G
Get in Touch
With over 25 years of experience, helping people just like you, we are committed to providing you with all the help and advice you need during these challenging times. Simply give us a call, drop us an email or fill in the form to find out how we can help you.
Our Office
Irwin & Company,
Station House,
Midland Drive,
Sutton Coldfield,
West Midlands B72 1TU
Call us
0800 254 5122
Email us
[javascript protected email address]
Fill in the form below and a member of our expert team will be in touch to discuss how we can help you.
"*" indicates required fields