Monday, 14 November 2011

UK: consultation on reform of the bankruptcy and compulsory winding-up application process

The Insolvency Service has published a consultation paper titled Reform of the Process to Apply for Bankruptcy and Compulsory Winding Up: see here (pdf). The principal proposal is that where there is no dispute between the parties, the court should be removed from the process by which bankruptcy and winding-up orders are granted.

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