Decision - Cash Collection - Company Administration Update
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Decision details
Cash Collection - Company Administration Update
Decision Maker: Audit & Standards Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
A further update on the Company Administration
process relating to the council's former cash collection
contractor, CoinCo International.
Decision:
1) That the Committee note the report.
2) That the Committee support bringing a claim by the council against the Directors of CCI for wrongful trading, and/or their auditors once due consideration of the legal and financial risks have been considered by officers.
Report author: Nigel Manvell
Publication date: 26/07/2018
Date of decision: 24/07/2018
Decided at meeting: 24/07/2018 - Audit & Standards Committee
Accompanying Documents:
PDF 223 KB