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Compulsory liquidation case study: winding-up petition
Practical Law UK Standard Document 8-383-6395 (Approx. 11 pages)
Compulsory liquidation case study: winding-up petition
by Seamus Woods, Erskine Chambers
| Maintained • , England, Wales |
An example of a creditor's winding-up petition in accordance with the Insolvency (England and Wales) Rules 2016 (SI 2016/1024). This document forms part of a case study of a creditor's petition to wind up a company under section 124 of the Insolvency Act 1986 on the grounds that it is insolvent and unable to pay its debts.
This document is available in MS Word format. To view it, click the "Open in Word" icon in the Actions box on the right-hand side. See below for detailed drafting notes.
Note: The remaining temporary measures that were introduced in response to the COVID-19 pandemic expired without renewal on 31 March 2022. See Legal update, Remaining temporary insolvency measures will expire on 31 March 2022.
Other restrictions on winding-up and bankruptcy petitions concerning COVID-related arrears of commercial rent continue to apply under the Commercial Rent (Coronavirus) Act 2022. See Practice note, COVID-19: Commercial Rent (Coronavirus) Act 2022: rent arbitration and the implications for enforcement.