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Receivership life cycle
![[icon] Note.](./resolveUid/4e118f2ae9df05516f5333d8c7ef3475 "[icon] Note.")
Note
This is indicative only – actual receiverships may vary.
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Secured creditor appoints receiver |
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Companies Office notified |
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Receiver manages company – may involve trading, closure or sale of business, realisation of assets |
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Repayment of funds to secured creditor – surplus funds retained by company |
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Completion of receivership |
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Company continues trading |
Company ceases operation |
Appointment of Liquidator |
Last updated 30 November 2007