Section 266 of the 1963 Companies Act states that notices of the meeting of creditors must be sent by post to the creditors at least 10 days before the date of the meeting with proxy forms. Notice of the creditors meeting must also be advertised in two daily newspapers circulating in the vicinity of the registered office or principal place of business of the company.

It is vital that as part of any good credit control procedure that a member or representative of your company attend the creditors meeting.  For that reason we offer a fee service of representing creditors.

Free Representation at Creditors Meetings

We provide a service of representing creditors at creditors meetings and reporting back to them on matters that are of concern.

We can clarify issues such as:

1. Whether the company has any stock remaining and which may be subject to a Retention of Title claim.
2. The pursuance of any such claim.
3. Assessing the prospect of a dividend for creditors.