Hi, Thank you for your question and welcome. Has this demand come from the liquidator? What explanation have you provided for the with drawl? Did the with drawl go to your personally? What year were the with drawls made and was the company solvent at the time? Kind regards AJ
Hi, Thank you. Were the withdrawls made after liquidation? If the company was liquidated in 2014? What explanation did you give for the with drawl? Kind regards AJ
Hi, Thank you. Please can you confirm what explanation you have given for the with drawl? Technically the S.238 provision can challenge any transaction going back 12 months from the date of the winding up order. You have then consider whether the liquidator has the evidence and the funds to sue you under this section? Why have they said they are not satisfied with your explanation?