Originally posted by amrhady
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Liquidators are in charge of when they end the liquidation...so in extreme cases they could theoretically keep the liquidation going for several years to give the client the benefit of multiple years (ie more than 2) worth of annual exemptions. Realistically liquidators won't want to do this, as if nothing else they need to submit formal annual progress updates to Companies House. So it'd be a pain for the liquidator, which in turn they'd charge the client for.
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