Increasing debt and rising fraud – A guest blog by Menzies LLP
CICM
MAY 6, 2021
Increasing Debt. With the Corporate Insolvency and Governance Act 2020 (“CIGA”) restrictions in place, a creditor is not currently able to petition for a company’s winding up. Achieve a better result for the creditors; or. Realise property to make a return to its secured or preferential creditors. Conclusion.
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