Film, Media & TV1 min ago
guarantee after liquidation
if a window company goes into liquidation does the guarantee for the doors and window still stand
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For more on marking an answer as the "Best Answer", please visit our FAQ.A guarantee from any limited company will cease to be valid when the firm goes bust because there is no legal body for the customer to pursue their claim against. (You can't take legal action against a firm which doesn't exist. The directors of a failed limited company are not liable for the debts or obligations of that company, so you can't force them to honour the guarantee).
The only exception is when the guarantee is backed by insurance. In which case, the insurers should honour the terms of the guarantee if the firm goes bust.
http://www.bbc.co.uk/northernireland/oyb/goods _services/double_glazing2.shtml
Chris
The only exception is when the guarantee is backed by insurance. In which case, the insurers should honour the terms of the guarantee if the firm goes bust.
http://www.bbc.co.uk/northernireland/oyb/goods _services/double_glazing2.shtml
Chris