Glossary

An individual/company/business who owes money to his/her/its Creditors. If you look at it from a […]

An legal instrument creating security over a company/LLP’s assets. The Debenture may contain a Fixed […]

When a company’s assets are insufficient to cover its liabilities (i.e. it is Insolvent) and […]

A meeting of the Bankrupt’s/company’s creditors where resolutions are passed or important decisions about the […]

A group of between 3 and 5 Creditors appointed to assist the Office Holder during […]

Any party that is owed money, be that party an individual, corporate or business. Creditors […]