Liquidation, Winding Up and Dissolution
This part of the topic index contains resources on liquidation and winding-up. Please select the resource that you require by clicking on the relevant tab below.
12
resources
These resources are maintained, meaning that we monitor developments on a regular
basis and update them as soon as possible.
| 1 | Compulsory liquidation: case study A case study of a creditor's petition for the winding up of a company. This includes each of the documents required to petition to have a company wound up under section 124 of the Insolvency Act 1986. | Practice note: overview | Maintained |
| 2 | Corporate insolvency: a guide An introduction to the aims of and background to corporate insolvency law, together with a brief overview of the various insolvency procedures available. This note also contains links to a multi-jurisdictional guide to restructuring and insolvency and a detailed note on US bankruptcy procedures. | Practice note: overview | Maintained |
| 3 | Limitation periods: an overview An overview of limitation periods. | Practice note: overview | Maintained |
| 4 | Provisional liquidation: a quick guide A quick guide on the corporate insolvency procedure of provisional liquidation. | Practice note: overview | Maintained |
| 5 | Company dissolution: voluntary strike off A guide to when a company can be struck off the register of companies and dissolved using the voluntary strike off procedure in section 1003 of the Companies Act 2006. | Practice notes | Maintained |
| 6 | How can I protect my business from a debtor getting into ... A practice note on how to respond to the financial difficulties or insolvency of a company that owes you money, which considers how to press for payment from a distressed trading partner, key contractual issues and outlines the position of the unsecured creditor in an insolvency process. | Practice notes | Maintained |
| 7 | Industrial and provident societies This note sets out how to form and register the two types of industrial and provident society; the community benefit society and the co-operative society. The note describes the rights of members and directors of such societies, the capital requirements for a society, the conversion process from a society to a limited company and the dissolution process. | Practice notes | Maintained |
| 8 | Liquidation and debt enforcement: a practical guide This practice note sets out the potential consequences of starting winding up proceedings against a company. It explains why serving a statutory demand or issuing a winding up petition may not always be an appropriate means of enforcing a debt. It also sets out alternative courses of action that may be available to a creditor of a company. | Practice notes | Maintained |
| 9 | Responding to a statutory demand: a guide for companies A statutory demand is often the first stage in winding up or compulsory liquidation proceedings, before a creditor presents a winding up petition. It is crucial that a company's directors deal with a statutory demand appropriately. This note is a practical guide to the issues that a company should consider if a creditor serves a statutory demand, Form 4.1, under the Insolvency Act 1986. | Practice notes | Maintained |
| 10 | Responding to a winding-up petition: a guide for companies This note is a practical guide for companies that receive a winding up petition. A winding-up petition may have serious consequences for a company and it is crucial that its directors promptly take appropriate action. Among the isses considered are validation orders, injunctions to prevent a petition being advertised, the consequences of paying the petition debt, and the grounds on which a petition can be challenged. | Practice notes | Maintained |
| 11 | Restoring a dissolved company to the register of companies A guide to the procedures for restoring a dissolved company to the register of companies, under Part 31 of the Companies Act 2006. | Practice notes | Maintained |
| 12 | Trading disclosures This note covers the information that must be displayed or given by a UK company under the Companies Act 2006 (2006 Act) and the Insolvency Act 1986 (as amended) (1986 Act): At specified locations. In documents and communications. At the request of those they deal with in the course of business. It includes details of what an individual or partnership should disclose and the additional disclosures required of a charitable company. This note does not cover information that must be supplied to the Registrar of Companies. | Practice notes | Maintained |