All your resources at your fingertips.Learn More
1. As is well known to all practitioners of insolvency, lawyers and accountants alike, s 127(1) of the Insolvency Act 1986 provides:
‘[Dispositions etc. void after commencement of winding-up]. In a winding-up by the court, any disposition of the company's property made after the commencement of the winding up is, unless the court otherwise orders, void."
To view the full text, please log in.
To receive a FREE 14 day online trial to Insolvency Law Online click here.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...