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Those shareholders who bought the assets will have still lost their investment though.
They'll have had to commit new money to buy those assets. It may pay off, it may be good money after bad.
Sounds like the main issue was money owed to HMRC so whatever the buy out was it must have been acceptable to HMRC.
aggi
I saw the notice. Sounds like you and the other investors need to lawyer up. It may be a (very) poorly worded email, but it seems odd that a director can just announce that a subset of shareholders had bought the ailing company’s assets (seems like they bought the whole operation?!), presumably without notice to the other shareholders and for a reduced price, and they were saddling remaining investors with the entire loss.
Not advice, I am not an expert in this, but I’d start a crowdfund for shareholders and stakeholders to obtain a qualified legal opinion on the matter.