testpack313 Aug 2014 00:00
With respect, delisting seems rather like cracking a nut with a sledgehammer when the issue at hand is recoverability of sales ledger. Companies have bad debts all the time, they have provided against some and auditors have signed off.
In my opinion, having been an auditor for a decade, I would put the odds of de-listing due to poor credit control at approximately 0%.
Do you have experience in these matters? Do you have a precedent to support your opinion?