Insolvency
The key to avoiding insolvency is to seek professional help as soon as the first signs of difficulty appear. The experienced professionals at Palani & Associates can assist in identifying problem areas and suggest solutions to improve the position of the company. Timely, expert advice could save your business from liquidation or receivership.Receivership entails someone being appointed to raise funds within the company to repay a financier. Liquidation becomes necessary when so many of the company assets are sold that it cannot continue its daily business. A liquidator disposes of all the company assets, repays the creditors, and the company ceases to exist.
In the event that liquidation or receivership is necessary, Palani & Associates has the required experience and skills to assist. If your business is struggling under financial and operational difficulties, proactive and insightful action is vital to avoid, or at least minimise, the ramifications. Contact us today for an appointment and expert advice to assist with your situation.
As a continuing client over the past 15 years we have no hesitation in recommending Palani & Associates.
Ramiah and staff have always provided prompt, courteous, cost effective service particularly when assistance and advice has been urgently required.
Over the years they have been honest and forthright in their calculation and advice of the ever changing financial climate achieving the best outcome possible for clients.
We have appreciated that they keep up to date by attending conferences and seminars providing clients with up to date information through newsletters, emails and reviews thus keeping clients abreast of current financial situations.
Margaret & Brenton
