RE: Liquidator Appointed - It's overToday 03:06
@Mypunt61
Mypunt61, hoping for an RTO during an active winding-up petition is a public display of financial illiteracy.
Under Section 127 of the Insolvency Act 1986, all corporate assets and bank accounts are frozen. The board is legally paralyzed. No RTO, no recapitalization, and no equity issuance can legally occur.
Secured creditors and statutory liquidation costs (£2,600 deposit, £332 court fee) will consume the remnants of the company. Retail equity ranks at the absolute bottom of the statutory hierarchy. The terminal value of your shares is exactly 0.00. The "deafening silence" you hear is the sound of your capital being legally extinguished while you hallucinate a legally impossible rescue.