We recently had a discussion with an ACCA monitor and he raised a couple of compliance issues that corresponded with what we are finding during our visits.
First, IPs not gazetting their appointment as liquidator, or not doing so within 14 days of their appointment following conversion from Administration to CVL. The easiest way to ensure this is that once Form 2.34B, the notice of conversion, has been sent to the Registrar of Companies check the web-site daily until it has been registered, which then acts as a prompt to give instructions to gazette the appointment as liquidator.
Secondly, delays in filing Form 2.31B, notice of extension of the Administration with the consent of creditors, in Court and with the Registrar of Companies. The legislation requires the IP to file the notice as soon as reasonably practicable after consent was obtained from creditors. It is clearly imperative that this is done without delay so that those searching Companies House are aware of the status of the company, particularly where consent is obtained only shortly before the automatic end of the Administration.
