Statement of insolvency practice 13 England and Wales: acquisition of assets of insolvent companies by directors, TECH 33/97, effective from November 1997 until 30 November 2016

Object Type: Asset
In Folder: SIP 13

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Statement of insolvency practice 13 England and Wales: acquisition of assets of insolvent companies by directors, TECH 33/97, effective from November 1997 until 30 November 2016

Statement of Insolvency Practice providing guidance on the acquisition of assets of insolvent companies by directors in England and Wales; outlines legal obligations of directors and relevant statutory provisions; sets expectations for members acting as professional advisers, in section 98 meetings, and as office holders (nominee, supervisor, administrator, receiver, administrative receiver, provisional liquidator, liquidator); details best practice for conducting connected party transactions and comprehensive disclosure and reporting requirements to creditors and committees. (AI generated description)

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description: Statement of Insolvency Practice providing guidance on the acquisition of assets of insolvent companies by directors in England and Wales; outlines legal obligations of directors and relevant statutory provisions; sets expectations for members acting as professional advisers, in section 98 meetings, and as office holders (nominee, supervisor, administrator, receiver, administrative receiver, provisional liquidator, liquidator); details best practice for conducting connected party transactions and comprehensive disclosure and reporting requirements to creditors and committees. (AI generated description)

title: Statement of insolvency practice 13 England and Wales: acquisition of assets of insolvent companies by directors, TECH 33/97, effective from November 1997 until 30 November 2016

creator: ICAEW

subject: Insolvency

subject: Insolvency practice

subject: SIPs

subject: Company voluntary arrangements

subject: Corporate insolvency

subject: Liquidations

subject: Corporate governance

subject: Directors duties

subject: Insolvency regulations

subject: Board responsibilities

publisher: ICAEW

date: 1997-11

type: Text

format: pdf

language: en

relation: Statement of Insolvency Practice

ICAEW Metadata

Notes: MEP NK

Content Type: Regulations

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