This relates to both appointments by the Court and by debenture holders. Receivership does not necessarily mean the closure of a business as a receiver may decide that a company can be maintained as a going concern through the implementation of stricter financial controls and/or the trimming of unprofitable operations.
However, if our review and assessment shows that the business is unlikely to be profitable and there are no circumstances to justify continuation of the company's business, there may be no alternative but to terminate the company's operations in order to protect the position of the debenture holders and other interested parties.
Our services include:
Realisation of assets to the maximum value
Protection of the interest of the debenture holders and other interested parties
