Provide the right advice to the client regardless of the outcome to PBC Business Recovery and Insolvency. Provide a high quality environment for our clients and team that reflects the company's excellent professional standards;. Have in place robust and appropriate systems and controls that provide a seamless and compliant service together with an efficient set of procedures relevant to our team;.
Encourage our team members to be ambitious and reward them for their efforts, achievements, vision and innovation. Gary Pettit is licensed to act in the United Kingdom as an Insolvency Practitioner by the Institute of Chartered Accountants in England and Wales.
Encourage our team members to be ambitious and reward them for their efforts, achievements, vision and innovation. Gary Pettit is licensed to act in the United Kingdom as an Insolvency Practitioner by the Institute of Chartered Accountants in England and Wales.
Services
Where appropriate, we will act as administrators and arrange for solicitors to prepare the necessary documentation to place the company into administration. We can act on behalf of creditors or shareholders concerned about a company and if appropriate arrange for solicitors to prepare the necessary documentation to petition the court for an administration order to be made against the company.
Where appropriate, we will firstly assist the directors with the preparation of the CVA proposal. We can act on behalf of creditors who have received CVA proposals prepared by other insolvency practitioners. If necessary, we can advise on whether the proposal should be accepted or modifications proposed and if necessary assist you with these modifications.
Where appropriate, we will direct you to a firm of solicitors who will assist you in the presentation of the petition. We can act on behalf of creditors concerned about a company and if appropriate arrange for solicitors to assist you in the presentation of a winding up petition. Compulsory liquidation is a process where the court orders that the company is wound up, following a winding-up petition being presented to the court.
Where appropriate, we will firstly assist the directors with the preparation of their report and statement of affairs. We can act on behalf of creditors or shareholders concerned about a company and if appropriate advise creditors how to respond to paperwork issued by other insolvency practitioners.
We can advise directors, alongside the company's accountant and/or solicitor whether a MVL is appropriate. A members' voluntary liquidation (MVL) is a procedure whereby directors wish to wind up the affairs of a company and the company is in a position to pay creditors in full. It is only applicable in circumstances where the company is solvent and where the taxation implications determine a MVL as being appropriate.
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