Who Can Act as a Company Liquidator?
- Only Licensed Insolvency Practitioners can be appointed as voluntary company liquidators
- A Compulsory Winding Up will appoint the Official Receiver as Company Liquidator; though it’s possible that an Insolvency Practitioner may be appointed as the Compulsory Liquidator at a later point or under the court’s instruction
Though the role of a liquidator is restricted to those who are qualified and licensed, this restriction does not apply to those giving advice about insolvency, liquidating and rescue. Naturally we would recommend taking advice from someone that will act as the liquidator of your company and is therefore licensed and will deliver the process as discussed with you.