APPEALS BY FORMER EMPLOYEES TO LIQUIDATORS

Motion Text

That this House believes that the appeals procedure against the decisions of liquidators by former employees of liquidated companies is unsatisfactory; further believes that liquidators should keep all claimants properly informed; notes the case of the former employees of Natural Balance Limited whose payments for work completed have been significantly delayed without proper explanation; and asks the Institute of Chartered Accountants to review its processes for dealing with disputes between former employees and employers of liquidated companies.