Anyone clued up on insolvency procedures??

[LaLaLoopsyLoo]

I wasn’t sure where to post this. Please feel free to report to have this thread moved.

The company I worked for has closed and is insolvent. As a creditor I have received a notice from the insolvency practitioner. Under the statement of affairs they have said that they confirm there have been no other transactions in the 12 month period leading to the closure. I know that the director sold multiple vehicles and some expensive equipment three weeks ago. Should this not be on the notice?? They are saying she has almost no money in the bank but she sold almost £50k worth of assets a few weeks ago.

YABU- This information isn’t relevant
YANBU- This is relevant and should be on the report

Hi OP. I'm an Insolvency Practitioner. PM me the papers if you like and I'll have a look. Generally as IPs we have to start working at least with what the Directors tell us - but quite often creditors will tell us a very different story and that's when it can all get interesting! If you have information showing the opposite of the information given in the Report then the Insolvency Practitioner will be very interested.