INS1565 - Company liquidation: Compulsory
Final creditors' meeting
A liquidator, other than the Official Receiver, must give at
least 28 days’ notice to creditors who have proved (in
Scotland claimed) their debts that a final meeting is to be held.
The purposes of the meeting are for creditors to
- receive the liquidator’s report of the
administration including a summary of the receipts and
- question the liquidator
- resolve whether the liquidator can obtain
- approve the liquidator’s remuneration, if it
had not already been approved.