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  • Issue - meetings

    3R soft closure timetable

    • Issue Details
    • Related Meetings
     

     

    Meeting: 26/03/2024 - Audit Committee (Item 69)

    69 3 Rivers Development Ltd - soft closure plan (00:15:00) pdf icon PDF 246 KB

    To receive a report from the Deputy Chief Executive (S151) providing reassurance that a formal company closure plan was produced and utilised to assist with a structured closedown process. This plan was followed by the officer/director working group and updated with both progress and new items as identified.

    Additional documents:

    • Audit Comm 26-3-24 - 3RDL - short form briefing 31 October 2023 - Part 2 Appendix 1 , View reasons restricted (69/2)

    Minutes:

    The Committee received, and NOTED, a report * from the Deputy Chief Executive (S151) providing reassurance that a formal company closure plan was produced and utilised to assist with a structured closedown process. The plan had been followed by the officer / director working group and updated with both progress and new items as identified.

     

    It was explained that the closedown procedure had commenced back in October 2023 and this was now nearing the end of that journey. Assets would be transferred by the end of the week. There would now be a period of dormancy before the company was struck off.

     

    Note: * Report previously circulated.