On 21 November a Winding Up Order was made against the Company.
Prior to this, on 2 August 2007 the Official Receiver, of the Public Interest Unit (London), was appointed as provisional liquidator of First Solution Money Transfer Limited. This followed the presentation of a Winding Up petition against the Company by the Secretary of State for Business, Enterprise, and Regulatory Reform, on the grounds of the Public Interest and in turn followed the appointment on 6 July 2007 by Companies Investigation Branch (CIB) of investigators to look into the circumstances of the company’s ceasing to trade towards the end of June and its default in its contracts with clients.
On 16 November 2007 the Official Receiver, as Provisional Liquidator, made a press release regarding the company and the Provisional Liquidation proceedings. The press release can be viewed by clicking here
Following the making of the Winding Up Order on 21 November 2007 the Official Receiver has decided to call a meeting of creditors for the purpose of appointing a Liquidator other than himself.
Notice of the meeting was sent to all known creditors of the company on 23 November 2007. If you are a creditor and have not received notice within 10 days please contact the number below.
At the meeting of creditors held on 19 December 2007 a resolution was passed to appoint Ian Kings & Dilip Dattani of Tenon Recovery as joint liquidators of the company.
The liquidators have asked that any correspondence regarding the company be sent to the following address:
Tenon Recovery
Tenon House
Ferryboat Lane
Sunderland
SR5 3JN
Tel: 0191 511 5085
Contact: Ross Goldie
Notes of the meeting and frequently asked questions are being prepared and will be published on this web site as soon as possible. | 
