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If you’ve decided that setting up a company and becoming a director is the best way forward for your business, it’s important to know the rules involved.
Companies become insolvent for a variety of reasons. What happens next will depend on the individual circumstances involved.
Discharge from bankruptcy, including suspending a bankrupt's period of discharge in cases of non-cooperation
This chapter is not intended to be an exhaustive list of every type of asset, instead it provides information relating to assets most likely to be encountered by the official receiver but that are not covered elsewhere in th…
Dealing with an insolvent's solely-owned property where the property has or had tenants
We can investigate companies that have been dissolved without entering into formal insolvency proceedings
Compulsory liquidation occurs when a court orders the liquidation of a company.
Dealing with an insolvent's goods that are subject to a retention of title clause, including verifying the validity of the clause
Information on carrying out inspections of trading and domestic premises and tracing inspections
Guidance on requiring and submission of statements of affairs and further accounts.
Calling and holding a public examination in court of a bankrupt or director under the insolvency legislation
The Insolvency Service's commitment to our customers.
Even the best-run business can face unexpected challenges and solvency issues. It's important you recognise the signs and understand your duties as a director.
Understanding the process when the Insolvency Service investigates your conduct as director of an insolvent company.
Insolvency Service research findings into concerns about take-on practices for Individual Voluntary Arrangements (IVAs).
Dealing with a failure to co-operate by company officers, partners and bankrupts.
This is purely a bankruptcy procedure. Information on procedure and the official receiver's role in applications for annulment of the order.
This page provides guidance for insolvency practitioners who need to set up a case with the Redundancy Payments Service.
These notices make directors and others responsible for paying the tax debts of companies they've been involved in.
Intellectual property is the legal right associated with creations of the mind, e.g. artworks, inventions etc
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