A CVL involves a licensed insolvency practitioner calling a meeting of members and a meeting of creditors, which usually follows straight after the meeting of members. These meetings will be chaired by a director of the company. At the meeting of members the company will be placed into Liquidation and a Liquidator will be appointed.
We are experienced independent specialists in business recovery and insolvency. We are here to assist businesses and individuals when they are experiencing financial difficulties. Regardless of the nature, type and size of your business, it is crucial to take professional advice at an early stage to ensure that a solution to the problem can be found before it is too late.
We are experienced independent specialists in business recovery and insolvency. We are here to assist businesses and individuals when they are experiencing financial difficulties. Regardless of the nature, type and size of your business, it is crucial to take professional advice at an early stage to ensure that a solution to the problem can be found before it is too late.
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We are experienced independent specialists in business recovery and insolvency. We are here to assist businesses and individuals when they are experiencing financial difficulties. Regardless of the nature, type and size of your business, it is crucial to take professional advice at an early stage to ensure that a solution to the problem can be found before it is too late.
The nature of the current economic climate has resulted in the need for insolvency to evolve to meet the challenges of economic reconstruction. Particular developments include the harmonisation of domestic insolvency laws across the EU and the review of the EC Regulation on Insolvency Proceedings by the European Commission.
It is an insolvency process that provides protection of the company where there is a prospect of saving the company's business or providing a better result for creditors than liquidation. By an order of the court on application by the company, the directors or one or more creditors. Without a court order by the company, directors or a creditor who holds a qualifying floating charge over the assets of the company.
Seneca IP Limited is committed to providing a quality service for its clients that is open and transparent. It is in the interest of complainants and insolvency practitioners that complaints are dealt with professionally and expeditiously. Insolvency complaints may arise because of a miss-understanding of the legislation under which insolvency practitioners are required to act.
Reviews (1)
K. Perkins
Jan 09, 2017
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If you need advice on any matter of either business or personal insolvency, give Seneca a call. They are really helpful for planning to AVOID situations & have lots of practical options & advice to offer. They also offer a free initial discussion to reassure you. Having heard John Hedger speak about the breadth of their work & the choice of innovative solutions to keep your business going in the best way for you I can definitely recommend that you contact them .
“Take control of the situation… before the situation takes control of you”
“Take control of the situation… before the situation takes control of you”