Can the liquidation of a company be stopped?
There are two ways of ending liquidation before its natural conclusion. 1. The first is to have the liquidator appoint a voluntary administrator to the company and have a deed of company arrangement proposed and accepted. A court appointed liquidation will also require an application to the court to end the official liquidation. 2. The second is to make an application to the Court for an order that the liquidation be stayed. This requires proof that the company is actually solvent or that the initial winding up process was flawed.
