The liquidators will not ask for delisting until there is no hope of a buy-out. |
Previously, liquidators did not have to provide their reports to directors. |
The liquidators must get in and realise the company's assets as best they may whatever may be the country in which the assets are situated. |
Obviously, liquidators must follow the same rules you do when the inventory being liquidated is firearms. |
The liquidators consulted the liquidation committee and obtained its approval. |
The knock-on effect is that liquidators will not take on jobs where there is no money in the failed company to cover their fees. |