Compulsory liquidation: an overview | Practical Law

Compulsory liquidation: an overview | Practical Law

This practice note provides an overview of compulsory liquidation, also known as compulsory winding-up, under the Insolvency Act 1986. It sets out the bases for presenting a winding-up petition, details the procedure for presenting a winding-up petition and explains the effect of the court making a winding-up order.

Compulsory liquidation: an overview

Practical Law UK Practice Note 7-107-3978 (Approx. 35 pages)

Compulsory liquidation: an overview

by Practical Law Restructuring and Insolvency
Maintained • England, Wales
This practice note provides an overview of compulsory liquidation, also known as compulsory winding-up, under the Insolvency Act 1986. It sets out the bases for presenting a winding-up petition, details the procedure for presenting a winding-up petition and explains the effect of the court making a winding-up order.
Note: The remaining temporary insolvency measures that were introduced in response to the COVID-19 pandemic expired without renewal on 31 March 2022. See Legal update, Remaining temporary insolvency measures will expire on 31 March 2022.