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[Music] hi im william robinson and this is my colleague tom wilson and we are both insolvency officers here at waterstone insolvency a primary role is as an insolvency officer here at waterstone is investigating the affairs of every company thats either placed into liquidation or receivership and a key method we gather information to carry out our investigation is through section 261 of the companys act 1993. so tom what is section 261 cheers william so section 261 is a power granted to liquidators by the companies act of 1993. basically it allows us to request delivery of any books records or financial information pertaining to the company it also allows us to request interviews with directors shareholders any person with information relating to the company so tom who usually receives 261 requests from yourself and me the large variety of people that we can request information from using 261 power these include directors of the company be it current or former shareholders anyone i