In an update provided to all CC members in April, it was mentioned in dualinvestor’s summary that the statutory report due this month would be published on or before the 10th. Nevertheless, the report has not materialised.
Do do you know why BDO has failed to meet its obligation to provide a prompt report for the first year of liquidation? They have been in the second year since the 10th of last month.
Have the Joint Liquidators responded to the questions posed earlier in this thread vis-a-vis fees on 29th March as well as investor schedules, chattels, distributions and communications on 23rd April?
According to the The Insolvency (England and Wales) Rules 2016, the liquidator has 2 months in which to deliver the progress report after the end of each 12 month period (see Clause 18.7). The one month deadline refers to the six monthly Administration reports.
Personally I’d be grateful for someone from the CC to perhaps contact BDO and ask why the report our whatever its supposed to be....lenders lists etc has not been provided by the indicated date....anyone from CC read this forum?