Statement of Insolvency Practice – S13B has recently been revised and includes an update on Pre-appointment work by an insolvency practitioner.
This Statement addresses transactions with directors and connected persons and the consequential obligations on practitioners when:
- providing advice to the directors of a company which is insolvent; or
- acting as receiver or provisional liquidator; or
- acting as liquidator in a winding-up by the Court or in a creditors’ voluntary liquidation
For details please click
here.