Statement of affairs: Difference between revisions
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imported>Doug Williamson (Link with Finance Director page.) |
imported>Doug Williamson (Expand to insolvencies outside the UK.) |
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'' | 1. ''UK insolvency law'' | ||
A document that must be prepared in the UK by the directors of an insolvent company setting out details of the assets (at their expected realisable values) and liabilities (in order of ranking for payment) as at the date of insolvency. | A document that must be prepared in the UK by the directors of an insolvent company setting out details of the assets (at their expected realisable values) and liabilities (in order of ranking for payment) as at the date of insolvency. | ||
2. | |||
Similar requirements in other jurisdictions. | |||
Revision as of 21:43, 25 July 2017
1. UK insolvency law
A document that must be prepared in the UK by the directors of an insolvent company setting out details of the assets (at their expected realisable values) and liabilities (in order of ranking for payment) as at the date of insolvency.
2.
Similar requirements in other jurisdictions.
