And now accountants liquidating the failed Greater Manchester venture have revealed they are probing the circumstances surrounding the collapse.with pal Scott Graham. He later resigned as a director but his dealings still form part of the probe by the liquidators.
"Some of the work Liquidators are required to undertake is to comply with legislation such as the Company Directors' Disqualification Act 1986 and Statement of Insolvency Practce 2 - Investigations by Office Holders in Administrations and Insolvent Liquidations and may not necessarily bring any financial benefit to creditors, unless these investigations reveal potential asset recoveries that the Liquidators can pursue for the benefit of creditors.
"Shortly after appointment, we made an initial assessment of whether there could be any matters that might lead to recoveries for the estate and what further investigations may be appropriate.This Morning star rushes son to A&E after he’s left crying in pain after fall
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Source: TheSun - 🏆 64. / 61 Read more »