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While all records of all a company's debentures need to be kept by the company, debentures secured by a "charge" must additionally be registered under the Companies Act 2006 section 860 with Companies House, [61] along with any charge on land, negotiable instruments, uncalled shares, book debts and floating charges, among other things. The ...
Under UK insolvency law an insolvent company can enter into a company voluntary arrangement (CVA). The CVA is a form of composition, similar to the personal IVA (individual voluntary arrangement), where an insolvency procedure allows a company with debt problems or that is insolvent to reach a voluntary agreement with its business creditors regarding repayment of all, or part of its corporate ...
Unpaid invoices are considered outstanding, and those which remain unpaid for periods longer than their 'terms' indicate are considered overdue. It is the aim of the cash collection function of a business to collect monies for all outstanding invoices before they become overdue and to mediate payment arrangements to ensure that invoiced debts ...
Companies House was a member of the Public Data Group, an advisory board which between 2011 and 2015 sought to improve public access to government data. [25] Companies House is also responsible for dissolving companies. [26] In 2020, there were approximately 4.3 million businesses on the Companies House register. [27]
No. Credit repair companies are for-profit enterprises that focus only on filing disputes with lenders, creditors and credit bureaus for a fee. In many cases, you can do this work yourself to ...
An outstanding balance on a credit card is the amount of money you owe the minute you check your account. This amount includes all charges on your account you have not paid for, including recent ...
Re Spectrum Plus Ltd [2005] UKHL 41 was a UK company law decision of House of Lords that settled a number of outstanding legal issues relating to floating charges and recharacterisation risk under the English common law. However, the House of Lords also discussed the power of the court to make rulings as to the law that were "prospective only ...
The plea agreement comes weeks after Smirnov was indicted in a separate case involving federal tax charges, including concealing more than two million dollars in income he received from multiple ...