Unhappy member in an MVL

Steamsnapper · Jul 2, 2026

I had a Company which undertook a Member’s Voluntary Liquidation some years ago. For unconnected reasons, the Insolvency Practitioner involved had to stand down, and the case transferred to a new Practitioner. I have a query relating to something that may, or may not, have been done when the original IP had control. The new IP has said that he does not think it is cost-effective to pursue this, and appears not to have the full case files e.g. time sheets showing how time was used and billed. What rights do I have to request details of the work that the original IP undertook? For instance, can I ask for his time recording records directly? Or do all such requests from members have to be routed though the new IP? As a supplementary, apart from the various Gateways, what scope do members have if they fear that something is amiss but are unable to gain access to records to gather evidence?

JEREMY HAWKE · Jul 2, 2026

How much time do you have and how much of it do you want to waste ?

Steamsnapper · Jul 2, 2026

JEREMY HAWKE said:
How much time do you have and how much of it do you want to waste ?

Steamsnapper · Jul 2, 2026

Well Mr Hawke you may have just cut to the heart of the matter

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Lisa Thomas · Aug 19, 2026

Can you clarify this a bit more please. What is it you are challenging? The ex Liquidator's time recording, or whether or not they completed a particular task? Is there a financial loss to the shareholders, subject to whether the ex IP did or didn't do this task? Are you certain they would have recorded their time for dealing with it on their time sheets? What is your end goal, here?

davidleo7557 · Aug 19, 2026

Steamsnapper said:
I had a Company which undertook a Member’s Voluntary Liquidation some years ago. For unconnected reasons, the Insolvency Practitioner involved had to stand down, and the case transferred to a new Practitioner. I have a query relating to something that may, or may not, have been done when the original IP had control. The new IP has said that he does not think it is cost-effective to pursue this, and appears not to have the full case files e.g. time sheets showing how time was used and billed. What rights do I have to request details of the work that the original IP undertook? For instance, can I ask for his time recording records directly? Or do all such requests from members have to be routed though the new IP? As a supplementary, apart from the various Gateways, what scope do members have if they fear that something is amiss but are unable to gain access to records to gather evidence?

I’d start by putting the request to the new IP in writing and asking what records are available from the previous practitioner, including time records and billing details. If they don’t have the full files or don’t think it’s cost-effective to investigate, it may be worth getting independent insolvency advice on what rights members have to access those records and whether there is another route to raise concerns if something appears to be wrong.

Lisa Thomas · Aug 20, 2026

I can't imagine the ex IP will have sent their time records across to the new IP. Those do not form part of the company records.

kordan.walker · 2026-09-01T11:29:29+0100

Steamsnapper said:
I had a Company which undertook a Member’s Voluntary Liquidation some years ago. For unconnected reasons, the Insolvency Practitioner involved had to stand down, and the case transferred to a new Practitioner. I have a query relating to something that may, or may not, have been done when the original IP had control. The new IP has said that he does not think it is cost-effective to pursue this, and appears not to have the full case files e.g. time sheets showing how time was used and billed. What rights do I have to request details of the work that the original IP undertook? For instance, can I ask for his time recording records directly? Or do all such requests from members have to be routed though the new IP? As a supplementary, apart from the various Gateways, what scope do members have if they fear that something is amiss but are unable to gain access to records to gather evidence?

You could ask the new IP in writing what records were transferred from the original IP and specifically request details of the time recorded and fees charged. If records are missing, ask why and whether they can be obtained. If you remain concerned about possible misconduct, you can also raise the matter with the relevant insolvency regulator.

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Unhappy member in an MVL

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