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Guidance and regulation

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From The Insolvency Service
  • The code of ethics aims to help insolvency practitioners meet their professional and ethical obligations.

  • This guidance deals with the circumstances in which the Registrar of Companies may dissolve a company

  • When you become the director of a limited company, you should be aware of the legal requirements and duties involved.

  • Rights of action

  • This document contains guidance on the main statutory consequences flowing from a bankruptcy restrictions order or undertaking.

  • How the accounting systems in relation to insolvent estates operate and the legislative basis for the accounting for fees and expenses relating to the work of the official receiver.

  • There are potential consequences for you, the director, if your company suffers insolvency.

  • Dealing with an insolvent's goods that are subject to a retention of title clause, including verifying the validity of the clause

  • What insolvency means for limited companies and their directors.

  • Directors have specific duties if their company becomes insolvent. These still apply if it is trading or if trading has stopped.

  • Think carefully before you borrow money for your company.

  • Detailed information about the restrictions on the re-use of company names, when a director can re-use a company name after insolvent liquidation, how to apply for permission to use a prohibited name and how to complain.

  • Dealing with a Debt Relief Order (DRO) including application process

  • Intellectual property is the legal right associated with creations of the mind, e.g. artworks, inventions etc

  • This guidance is for approved Intermediaries applying for a DRO.

  • Complain to the Insolvency Service if a director or sole trader is re-using the name (or a similar name) of a company in compulsory or creditors’ voluntary liquidation.

  • Dealing with an insolvent's motor vehicle, including matters to be taken into account before the vehicle is sold

  • Powers, duties and functions of the Official Receiver including situations where those powers are limited by law or by internal operational rules

  • This page provides a single entry point for tools and information for and about insolvency practitioners.

  • This guide provides information for anyone who wishes to complain about the conduct of an insolvency practitioner (IP)