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Guidance and regulation

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

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

  • This chapter gives advice to Official Receivers on carrying out a decision-making process under the insolvency legislation, in particular the process to effect the appointment of an insolvency practitioner as liquidator or t…

  • Recovering sums due in respect of antecedent recoveries such as excessive pension contributions, misfeasance of directors, voidable dispositions and transactions defrauding creditors

  • 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.

  • Think carefully before you borrow money for your company.

  • General guidance on securing, protecting and realising insolvent estates

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

  • This document contains information related to the effect of a disqualification order.

  • Actions to take in the initial stages of a company winding-up, including letters to be sent and enquiries to be undertaken

  • 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.

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

  • Help and guidance for limited company directors.

  • Guidance about the financial assistance available from the Redundancy Payments Service for employers who are unable to pay their employees redundancy pay.

  • Members’ Voluntary Liquidation (MVL) is used when a company can pay its debts but the members (shareholders) want to close it.

  • Use the checklist when completing your application for financial assistance for making redundancy payments.

  • Dealing with after-acquired property where a bankrupt acquires property during the period of their bankruptcy

  • This chapter provides guidance on partnerships. It covers both general partnerships and limited partnerships but not limited liability partnerships (LLPs), which are covered in chapter 53.

  • This chapter provides advice on dealing with pensions

  • Update: 22 September 2025 - Information for employees, sub-contractors, creditors and suppliers of Carillion in liquidation