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A Notice of Appointment of Liquidator in Winding Up by the Court refers to a legal document that informs creditors, shareholders, and other interested parties about the court-appointed liquidator in a winding-up process of a company.

Winding up, also known as liquidation, is a formal process initiated when a company is unable to pay its debts and is deemed insolvent. It involves the sale of the company’s assets to repay its creditors and the eventual dissolution of the company.

When the court orders the winding up of a company, it appoints a liquidator to oversee the process. The liquidator is typically a licensed insolvency practitioner who acts in the best interests of the creditors. The Notice of Appointment of Liquidator in Winding Up by the Court serves as a formal notification that the court has appointed a specific individual or firm as the liquidator for the company.

The notice typically includes important details such as the name and contact information of the appointed liquidator, the date of the court’s order, and the case reference number. It may also provide instructions for creditors to submit their claims and relevant deadlines.

The liquidator’s primary role is to gather and sell the company’s assets, distribute the proceeds to creditors according to their priority, and investigate the company’s affairs. They are responsible for conducting the winding-up process in accordance with the relevant laws and regulations.

Creditors, shareholders, and other interested parties should carefully review the Notice of Appointment of Liquidator in Winding Up by the Court to understand the identity of the appointed liquidator and their role in the winding-up process. It is important to communicate with the liquidator and follow any instructions provided regarding the submission of claims or other matters related to the liquidation of the company.

These notices are filed with Companies House against the registered company number. All UK company liquidation notices and updates are tracked centrally by Doorda.