Hi simon
I don't really understand the post - is the creditors meeting on 1 March an IVA meeting? If so what is the plan to address the company's
indebtedness? If your company is being wound-up, then how are you going to earn the money to fund the IVA? And where has the money come from to pay the IP fees for the IVA and a liquidation? Is the same IP going to act for you in both cases? If so this is a conflict of interest.
I am not convinced you have been properly advised. Which IP firm are you using?
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
For further details contact me at
http://www.melaniegiles.com and view my IVA blog at:
http://melaniegiles.blogs.iva.co.uk