21
JulWhen a winding up petition has been issued, any disposition of assets made after that date is void. This can mean that payments to suppliers, who are unaware of the petition as it may not have been advertised, can be recovered by a liquidator. Section 127 of the Insolvency Act 1986 allows the Court to validate such […]
08
JulHMRC have recently issued a tender to find IT specialists to assist them in the development of a predictive analytics solution for identifying and managing insolvency risk. It will come as no surprise to anyone to realise that distressed companies often owe substantial sums to the taxman. The government is continuing its crusade to provide HMRC with[…]
06
JulUnpacking the Pre-Pack Pool Accountancy Age 06 Jul 16 | Author Chris Warmoll IF a week is a long time in politics, six months is nowhere near enough in the world of connected party insolvencies. That at least seems to be the initial assessment of the two most senior members at the Pre-Pack Pool (PPP), the body set up to[…]
