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If the official receiver feels that someone who is bankrupt has been dishonest, the court can make a bankruptcy restrictions order.
The responsibility for your company’s money lies with you, the director.
Employment issues
Hard copy publications
An insolvency practitioner is not qualified to act in relation to a company or individual unless there is in force security (a bond).
Intellectual property is the legal right associated with creations of the mind, e.g. artworks, inventions etc
Compensation orders aim to make directors who are subject to a disqualification order or undertaking financially account for the consequences of their unfit conduct.
The insolvency practitioner (IP) rota is used in the distribution of insolvency cases by the official receiver.
Guidance on the official receivers' duty to deal with the books and records of insolvents.
Information on dealing with HM Land Registry
As a director, you have obligations to your company’s employees when considering redundancies.
Guidelines for the monitoring of volume individual voluntary arrangement (IVA) and protected trust deed (PTD) providers
Guidance on dealing with the interaction between the Proceeds of Crime Act 2002 and the Insolvency Act 1986.
Guidance on second or subsequent bankruptcies.
Guidance on how a director can apply to wind up their company and the restrictions on re-using a company name.
The official receiver may use debt collection agencies to collect debts and income payments agreements.
Gazette and advertisement
If your limited company is struggling, it may be possible to go into administration.
Cashflow is an indicator of your company’s health.
What you can consider doing if your company is in financial difficulty.
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