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As company director, you take on many legal requirements and duties. You must know what they are and when you need to complete them.
Guidance about personal guarantees
What you need to know if you are a creditor with a debt listed in a Debt Relief Order (DRO).
This document contains guidance on how to find out if a director has been disqualified or an individual is subject to bankruptcy or debt relief restrictions because of unfit conduct or misconduct and why we took action again…
Full guidance on what happens when you're made bankrupt.
Director Conduct Reporting Service for insolvency practitioners as statutory office-holders. This page links to the online application.
Obtaining Income Payments Agreements (IPA) and Income Payments Orders (IPO) from bankrupts, including the matters to be taken into account when calculating the sum to be paid
information about how to complain about misconduct to the Insolvency Service and what we will do about it.
Details of the definition of a creditor and rights to participate in insolvency proceedings
This page provides links to guidance produced by, or relating to, the Insolvency Service
Directors have specific duties if their company becomes insolvent. These still apply if it is trading or if trading has stopped.
Creditors' voluntary liquidation (CVL) is when the directors take steps to close down the company.
Disclaiming property of the insolvency where that property is onerous, including the process to be followed for an effective disclaimer
General guidance about director disqualification sanctions, what they mean and applying for a licence.
As a company director, you must understand your legal responsibilities and how they apply to you. This guidance explains common misconceptions that can have serious consequences.
A dissolved company is one that has been removed or ‘struck off’ from the Companies House register. Once dissolved the company is no longer able to trade.
Dealing with a Debt Relief Order (DRO) including application process
When you become the director of a limited company, you should be aware of the legal requirements and duties involved.
There are potential consequences for you, the director, if your company suffers insolvency.
This guidance deals with the circumstances in which the Registrar of Companies may dissolve a company
Do not include personal or financial information like your National Insurance number or credit card details.
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