my accounting sofware Help states the following:When a company is placed in liquidation or administration, company law restricts the transfer of shares in the company.
You may be able to claim a capital loss if you are:
- a shareholder and a liquidator or an administrator of a company declares in writing that they have reasonable grounds to believe there is no likelihood that shareholders will receive any further distribution for their shares
- an investor who holds a financial instrument in a company and the liquidator or administrator of the company makes a declaration in writing that the financial instrument has no value or negligible value
