Look at the bottom where it says 'Most recent Documents', hover over the 'REC' under status. REC = receivership
The question is how long have the company known about this and why were they taking (explicitly) cash balance payments as recently as a few days ago - cash is near impossible to get back from liquidator. You gave them cash and they gave you lies
Would be interested in knowing where you are getting that from??? Up to this minute on the CRO the company is still showing normal staus. Jackobyjo, your posts are unhelpful to people who need to get a clear prespective and gather the facts. Comments along the lines of its in Receivership (when it is not) and he has a big mansion to hide in with lots of nice furniture (!) do not help. I have been at Liquidation Meetings and there is always one person who gets the crowd going. They all start going off on individual tangents and get nowhere. All it does is set everyone on edge. People have more than a right to be angry, they could potentially have lost a lot of money and may not get it back. Being angry will not get your money back. The only thing that will help is pooling your knowledge and start being practical. Be angry later. Try and get your money back now.
From a CRO point of view, here are the facts:
REC does not = Receivership
Most Recent Documents = Rec = Received.
Documents can either be REC (Received) Reg (Registered) or RET(Returned)
The status of this company is still showing normal. So they have 7 days to lodge the form appointing the Receiver. Does anyone know is a Receiver being appointed, or is it a Liquidator (Creditors Liquidation) ? There is no point in going in all guns blazing until all of the facts are straight.
I did a company search on the document that is received. It is a B10 change of Directors. It is nothing got to do with a receiver or Liquidator, it is one of the two directors trying to resign. I would not be happy with this and it does not comply with company law. There are two Directors of Jim Langan's Furniture Value. One of the Directors filed a B10 himself online and resigned himself as of 26th February and lodged the form on 3rd March. He cant just do that. This document is REC as in Received. By Liam Walsh resigning himself, he only leaves the company with one officer Jim Langan (Director and Secretary) This is illegal as a company has to have two officers. Nobody else is joining in place of Mr. Walsh. Obviously Mr. Walsh knew what was coming down the tracks and was trying to get out before the proverbial poo hit the fan. Anyone interested should ring the CRO and ensure that this B10 is rejected. The CRO should reject this document automatically, however, if it were me I would ring/send an email to them. This will ensure that Mr. Walsh is not allowed resign. I would also phone ODCE (Office of Director of Corporate Enforcement) explain the situation and see what they say.
This is the process under which a Receiver will be appointed.
Statutory requirements
A notice of appointment of receiver (Form E8) must be filed with the CRO within seven days of appointment and must also be published in Iris Oifigiúil and in at least one daily newspaper circulating in the district where the registered office of the company is situated.
Once a receiver is appointed all invoices, orders for goods and business letters issued by or on behalf of the company must contain a notice to that effect.
Where a receiver is appointed on behalf of debenture holders, who are secured by a floating charge, a statement of the company's affairs (E10/Form 17) must be submitted to the receiver who must file a copy of same with the CRO.
The receiver must file abstracts of her/his receipts and payments on Form E9, for each six-month period from the date of her/his appointment, and any lesser final period up to the date he/she ceases to act. A notice of ceasing to act must then be filed on Form E11.