Provisional Liquidation

The Court may appoint a Provisional Liquidator at any time after the filing of a winding up application.

The purpose of the appointment of a Provisional Liquidator is to preserve the assets if they are in jeapody until the Court hears the winding up application.

 

The above information is by necessity, general in nature and its brevity could lead to misunderstanding.
For further information, you are invited to contact Alan Topp.