Media Counsel situation still unclear

  • Media
  • January 28, 2010
  • Ben Fahy
Media Counsel situation still unclear

A check on the Companies Office website shows The Media Counsel has not yet been officially placed in liquidation. But company directors have just five working days from the announcement of a liquidation to notify the Companies Office about it, whereupon its status will be updated and a liquidator will be appointed.

The spokesperson says there's no way of finding out exactly how much the company owes and who the secured creditors are until the first report is filed by the receivers, or unless someone from the inner sanctum decides to come forward and explain, which seems unlikely given the fact that Glenda Wynyard or representatives from Aegis/Carat are not returning calls.

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