Can I liquidate a company when I have received a Wind Up Notice?

Can I liquidate a company when I have received a Wind Up Notice?

No you can’t. By definition the company is already in the wind up process.

Your options are:

1. Pay the bill in full and seek to have the wind up proceedings dismissed
2. Do nothing – and the business will be wound up
3. Or a common option – go into Voluntary Administration, where the Administrator will work through a Deed of Company Arrangement…..ie. an offer/or deal to the creditors…..and the business can continue to trade

Australian Debt Solvers are experts and specialists in this area – so please call us asap to work through the right plan for your particular situation.

We have helped numerous businesses through this process……when they thought they had lost the lot.