The following issues are dealt with in this letter:-
- voluntary arrangements: the effect of liquidation, bankruptcy or failure of the arrangement on the trusts established under a company voluntary arrangement or an individual voluntary arrangement
- sanction applications: undervalue transactions; preferences; misfeasance and compromised claims
- notification of unrealised assets to the Official Receiver on submission of final accounts
- principles for monitoring of insolvency practitioners
- update on new primary legislation
- inclusion on Insolvency Service web-site
- electronic mail
Dear IP letter 16