Creditors’ claims for damages in tort or contract
Creditors’ claims for damages in tort or contract Is the claim admissible? An unliquidated claim for damages in tort or…
Challenging the Liquidator’s Decision
Challenging the liquidator’s decision: A liquidator’s decisions can be challenged. A creditor who is dissatisfied with a liquidator’s decision to…
Should a Claim be Admitted or Rejected?
Should the claim be admitted or rejected? Section 304 sets out the process for admitting and rejecting creditors’ claims. A…
Other Avenues for Creditors
Other avenues for creditors: If a creditor’s claim is rejected, the creditor may still seek to establish liability against the…
Applying for High Court Directions in a Liquidation
Section 284 (1) of the Companies Act 1993 states: On the application of the liquidator, a liquidation committee, or, with…
Insolvency
When a company enters the Insolvency stage it's tough for all parties. The person or body that has been running…