Compulsory liquidation: an overview

This practice note provides an overview of compulsory liquidation, or winding-up under the Insolvency Act 1986. It discusses situations in which a company can be placed into compulsory liquidation including the procedure for presenting a winding-up petition, and the effect of a winding-up order being made.

For further information on how to place a company into compulsory liquidation see Practice note, Creditor's winding up petition: procedure. This note does not cover voluntary liquidations, which are considered in Practice note, Voluntary liquidation: What is it and how do I place a company into voluntary liquidation?

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 maintained R&I materials: legal developments between December 2016 and April 2017.

Our legal updates reporting on developments during this time will be available as normal through the usual feed on our website and through our weekly and monthly emails.


 

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