Creditors’ Voluntary Liquidation is usually initiated by the Company’s directors. The first step is for the board of directors to have a board meeting to agree that the Company should be placed into liquidation and that notices should be sent to shareholders and creditors.
When a company has completed its purpose or the directors of a company decide to retire, a Tax efficient way of releasing the surplus which may have accumulated is to place the company into a Members Voluntary Liquidation.
In arriving at a valuation, we look at not only the operation of the business, the financial data of the business, but look at broader industry and economic trends as well. A key issue in any valuation of shares is the % shareholding being valued.
When you are in need of forensic accountants in Ireland, it is always in your best interests to deal with a company that has a track record of delivering expert forensic accountant reports.
We do not deal with consumer debt cases of less than €50,000, and we would refer such cases to the Money Advice & Budgeting Service (www.mabs.ie).
Our philosophy is that there is “always a deal to be done”.
We can provide the following services:
Advise on the suitability of Examinership.
Act as the reporting Independent Expert.
Act as the Examiner.