Recovery and Insolvency Services

Eprime Ltd (SC251952)

The director's Statement of Affairs can be downloaded via the link.

This is a 2010 liquidation. There is unlikerly to be a dividend for creditors. Most of the company's properties were sold and the proceeeds went towards reducing the secured debt due to the bank.  Title to one of the properties owned by the company was transferred to a third party prior to the liquidation. The liquidator commenced legal action to have it returned. The action was successful and title is now inthe process of being recorded back in the name of the company in liquidation.  The property can then be sold.

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