Insolvency offences and Companies Act offences

Insolvency offences and Companies Act offences guidance:

Proceedings for offences of absconding and fraudulent dealings with property The Insolvency Act 1986 (IA 1986) creates specific offences relating to property and an...

Practice Note

What is asset stripping? Asset stripping involves taking company funds or assets while leaving behind the debts. Sometimes directors then transfer only the assets of a...

Practice Note

Bankruptcy restrictions Following an order for bankruptcy, the bankrupt person is prohibited form a number activities for a period of 12 months while the order is in...

Practice Note

Company investigations under section 432 of the Companies Act 1985 Companies are regulated by the Department of Business, Energy and Industrial Strategy (BEIS) to protect...

Practice Note

Proceedings for offences of concealment or falsification of books and papers The Insolvency Act 1984 (IA 1984) creates three specific offences relating to the concealment...

Practice Note

This Practice Note is concerned with one of the three criminal offences created under section 52 of the Criminal Justice Act 1993, that is encouraging another person to...

Practice Note

This Practice Note is concerned with one of the three criminal offences created under section 52 of the Criminal Justice Act 1993 (CJA 1993), that is encouraging another...

Practice Note

Statutory responsibilities of directors Directors have statutory responsibilities for ensuring compliance with the following requirements: • keeping and maintaining...

Practice Note

The implementation of the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LASPO 2012), which came into force on 1 October 2012, brought radical changes to the...

Practice Note

Tax liability Companies resident in the United Kingdom are chargeable to corporation tax calculated on the basis of the company's annual profits. The company is liable...

Practice Note

Offence of failure to deliver up property to, or concealing property from official receiver or trustee A bankrupt commits an offence if they: • fail to deliver up any...

Practice Note

STOP PRESS: The Sentencing Council has published offence specific guidelines for courts sentencing offences previously covered by a Definitive Guideline....

Practice Note

False accounting A person who falsifies or conceals information required for an accounting purpose, knowing that the information is misleading, may commit an offence of...

Practice Note

Under the Insolvency Act 1986 (IA 1986) it is a criminal offence for a company director to make a statutory declaration of a company's solvency without reasonable...

Practice Note

Under the Insolvency Act 1986 (IA 1986), it is a criminal offence for an officer of a company, past or present, to make false representations or commit fraud to obtain...

Practice Note

The Insolvency Act 1986 (IA 1986) creates a specific offence relating to fraud for the purposes of obtaining approval for a company voluntary arrangement (CVA). The...

Practice Note