Liquidation and debt enforcement: a practical guide
This practice note sets out the potential consequences of starting winding up proceedings against a company. It explains why serving a statutory demand or issuing a winding up petition may not always be an appropriate means of enforcing a debt. It also sets out alternative courses of action that may be available to a creditor of a company.
This document is currently being updated in readiness for when the Insolvency (England and Wales) Rules 2016 (SI 2016/1024) come into force on 6 April 2017. While this process is underway and until 6 April 2017 you will need to check whether there have been intervening developments that affect the published version of this document by referring to Practice note, Supplement to restructuring and insolvency materials: legal developments between December 2016 and April 2017.