Insolvency register
An official register containing information about insolvency cases. The relevant register differs across the UK jurisdictions.
Related terms
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Business insolvency
A situation where a business cannot pay debts when due or, for a company, where its liabilities exceed its assets under the relevant legal test.
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Insolvency Rules
Detailed procedural rules that sit alongside insolvency legislation and govern how formal insolvency cases are administered.
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Insolvency proceedings
Formal legal processes connected with insolvency, including bankruptcy, liquidation, administration and other statutory procedures.
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