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Insolvency Act 1985 Description English: An Act to make provision with respect to the insolvency of companies and individuals, the winding up of companies, the disqualification and personal liability of persons involved in the management of companies and the avoidance of certain transactions at an undervalue; and for connected purposes.
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Short title: The Insolvency Regulations 1994: Image title: Business practice and regulation, Insolvency, INSOLVENCY;COMPANIES, INDIVIDUALS, ENGLAND AND WALES
A limited company becomes insolvent when it can no longer pay its bills when due, or its liabilities—including contingent liabilities such as redundancy payments—outweigh the company’s assets. This is a critical point in the lifespan of a company as it denotes when the directors ' responsibilities move from the interests of shareholders ...
File:The Insolvency (Amendment) Regulations 2009 (UKSI 2009-482).pdf. Add languages. Page contents not supported in other languages. ... Printable version ...
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