New Parliamentary Committee Report on Insolvency

13 JUL 2009

A new Parliamentary committee report on insolvency has been released. The House of Commons Regulatory Reform Committee, Draft Legislative Reform (Insolvency) (Miscellaneous Provisions) Order 2009, Eighth Report of Session 2008–09,  July 2009 mulls on:

  • Proposal A: Remote attendance at meetings
  • Proposal B: Use of websites as a means of communication
  • Proposal C: Reference to things “in writing” and “post”
  • Proposal D: Removal of requirements for documents to be verified by affidavit
  • Proposal E: Removal of requirement for certain annual meetings
  • Proposal F: Removal of requirement for certain documents to be filed at court in Individual Voluntary Arrangements
  • Proposal G: Removal of requirement for sanction (i.e. approval) for certain acts of the office-holder
Bankruptcy and Personal Insolvency Reports

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Individual Voluntary Arrangements

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