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Guidance and regulation

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From The Insolvency Service
  • This page provides a full list of published guidance about the following processes administered or regulated by the Insolvency Service:

  • This document contains guidance on the main statutory consequences flowing from a bankruptcy restrictions order or undertaking.

  • Actions to take in the initial stages of a bankruptcy including letters to be sent and enquiries to be undertaken

  • The 2021 IVA Protocol should not be used after 30 June 2025 . These documents are for reference only.

  • Detailed information about the restrictions on the re-use of company names, when a director can re-use a company name after insolvent liquidation, how to apply for permission to use a prohibited name and how to complain.

  • This guidance deals with the circumstances in which the Registrar of Companies may dissolve a company

  • This document contains information related to the effect of a disqualification order.

  • Information about director's loans.

  • Directors have specific duties if their company becomes insolvent. These still apply if it is trading or if trading has stopped.

  • Powers, duties and functions of the Official Receiver including situations where those powers are limited by law or by internal operational rules

  • Distribution by means of a dividend or division of property

  • If the official receiver feels that someone who is bankrupt has been dishonest, the court can make a bankruptcy restrictions order.

  • This guide refers to investigations by the Insolvency Service into companies that have entered into formal insolvency proceedings – which means administration, administrative receivership, voluntary and compulsory liquidatio…

  • A company that enters formal insolvency will in many cases have outstanding debts.

  • What is a financial statement and why should directors maintain them?

  • Information on the Taking Control of Goods Act and other remedies available to creditors.

  • Guidance on appointing an insolvency practitioner and handing over the estate. Including the use of the official receivers' rotas and vacancies in office.

  • This is purely a bankruptcy procedure. Information on procedure and the official receiver's role in applications for annulment of the order.

  • Guidance to help you calculate your average rate of pay so that you can apply for redundancy related payments from the Insolvency Service.

  • How the accounting systems in relation to insolvent estates operate and the legislative basis for the accounting for fees and expenses relating to the work of the official receiver.