Glossary

A Petition presented to the Court requesting that a Winding Up Order is made to […]

An order made by the court that confirms that the company is to be placed […]

A term that strictly applies to a company/LLP/partnership going into Compulsory Liquidation, but it is […]

An agreement signed by a debtor not to remove goods levied by a bailiff under […]

Creditors’ Voluntary Liquidation (CVL): relates to an insolvent company. It is commenced by resolution of […]

Any creditor who does not hold security over the insolvent individual’s/company’s assets. This class of […]