The government has launched a call for evidence seeking stakeholders views on the Insolvency Rules that set out the detailed requirements for company and individual insolvency procedures in England and Wales.
Stakeholders are being asked to share their views on the Insolvency Rules as they currently stand, including whether they provide an appropriate framework for the UKs insolvency regime and whether any improvements could be made.
The Insolvency Rules were last updated and implemented in 2017 and responses are welcome from insolvency practitioners, the legal profession, company directors, creditors, business and consumer groups and any other interested parties.
Dean Beale, Chief Executive of the Insolvency Service, said:
The In…
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