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 bankruptcy postbag for july
 shares in a company that has no value		  New Topic  Reply to Topic
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paul a
Junior Member

170 Posts
Posted - 24 July 2008 :  00:41:25  Show Profile  Reply with Quote
What happens to shares in a company that has no value if declared bankrupt

Suzanne
Average Member



United Kingdom
869 Posts
Posted - 24 July 2008 :  08:34:22  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi paul

The OR will offer them to the other shareholders or company secretary for a nominal cost.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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