What does it mean when a company goes into examinership?
Does this mean that a company is insolvent?
Does this mean that a company has a period of time when it is protected from its creditors for 70 days - thereby giving it time to seek money to pay its creditors?
What would be the position for a person who bought off the plans and the developer who is in examinership?
Does this mean that a company is insolvent?
Does this mean that a company has a period of time when it is protected from its creditors for 70 days - thereby giving it time to seek money to pay its creditors?
What would be the position for a person who bought off the plans and the developer who is in examinership?