Rationale Asset Management PLC, Value Asset Management PLC and Merydion Corporation Limited were involved in property investment and were previously placed into provisional liquidation in the High Court.
A provisional liquidator was appointed and the Official Receiver has responsibilities to protect assets in the possession or under the control of the companies pending the determination of the winding up petitions presented by the Secretary of State for Business, Energy and Industrial Strategy .
The Official Receiver is inviting investors and creditors of the three property companies to contact her office to provide details of their claims to assist with the provisional liquidation.
If you are an investor, creditor or shareholder of the…
Read the full article at: https://www.gov.uk/government/news/property-investment-companies-placed-into-provisional-liquidation