Code of practice and Liquidation: Difference between pages

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imported>Doug Williamson
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Relevant published and authoritative guidance not having direct legal effect.
The sale of the assets of a company (or other entity) in order to pay off debts, commonly involving the winding up of the entity.
 
Codes of practice are not statements of law and there is no direct penalty for failing to comply with them, but courts and tribunals will take any relevant codes of practice into account when making legal decisions.
 
Sometimes known as codes of conduct.




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A Code of Practice is a document issued by the UK Pensions Regulator providing practical guidelines on the requirements of pensions legislation and setting out standards of conduct and practice expected of those who must meet these requirements.
The closing of a market position.




==See also==
== See also ==
* [[ACT Ethical Code]]
* [[Administration]]
* [[Code]]
* [[Administration order]]
* [[Ethics]]
* [[Compulsory liquidation]]
* [[Guidance]]
* [[Declaration of solvency]]
* [[Technical provisions]]
* [[Junior debt]]
* [[UK Corporate Governance Code]]
* [[Liquid]]
* [[Code of conduct]]
* [[Liquidate]]
* [[Liquidation value]]
* [[Liquidator]]
* [[Liquidity]]
* [[Liquidity risk]]
* [[London Gazette]]
* [[Preferential creditor]]
* [[Receivership]]
* [[Residual assets]]
* [[Senior debt]]
* [[Share]]
* [[Voluntary liquidation]]
* [[Waterfall]]
* [[Winding-up]]


[[Category:Ethics_and_corporate_governance]]
[[Category:Compliance_and_audit]]

Latest revision as of 21:31, 21 July 2022

1.

The sale of the assets of a company (or other entity) in order to pay off debts, commonly involving the winding up of the entity.


2.

The closing of a market position.


See also