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This chapter gives advice to Official Receivers on carrying out a decision-making process under the insolvency legislation, in particular the process to effect the appointment of an insolvency practitioner as liquidator or t鈥�
The 2021 IVA Protocol should not be used after 30 June 2025 . These documents are for reference only.
Appointing a new director to your limited company.
Dealing with an insolvent's freehold or leasehold property, including action to be taken to protect an interest in the property, steps to be taken where the property is the bankrupt's 'family home' and dealin鈥�
There are potential consequences for you, the director, if your company suffers insolvency.
A dissolved company is one that has been removed or 鈥榮truck off鈥� from the Companies House register. Once dissolved the company is no longer able to trade.
Rights of action
Detailed information about the restrictions on the re-use of company names, when a director can re-use a company name after insolvent liquidation, how to apply for permission to use a prohibited name and how to complain.
Income Tax and National Insurance contributions must be deducted from any wages paid to company employees.
Complain to the Insolvency Service if a director or sole trader is re-using the name (or a similar name) of a company in compulsory or creditors鈥� voluntary liquidation.
Dear IP is updated quarterly and issued by the Insolvency Service to insolvency practitioners and other interested stakeholders
Information about director's loans.
Guidance on appointing an insolvency practitioner and handing over the estate. Including the use of the official receivers' rotas and vacancies in office.
The code of ethics aims to help insolvency practitioners meet their professional and ethical obligations.
Powers, duties and functions of the Official Receiver including situations where those powers are limited by law or by internal operational rules
How the accounting systems in relation to insolvent estates operate and the legislative basis for the accounting for fees and expenses relating to the work of the official receiver.
Dealing with an insolvent's motor vehicle, including matters to be taken into account before the vehicle is sold
Information on the Taking Control of Goods Act and other remedies available to creditors.
General guidance on securing, protecting and realising insolvent estates
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