LCTaylor Licensed Insolvency Trustee’s Post

Understanding Insolvency: What Practitioners Look For We explore what insolvency practitioners consider when recovering debts. Discover the three crucial elements they analyze: rights to act, likelihood of recovery, and potential legal costs, to better understand your financial responsibilities. #Insolvency #DebtRecovery #FinancialEducation #LegalAdvice #Bankruptcy #MoneyManagement #CreditorRights #SmallBusinessTips #FinancialLiteracy #DebtHelp

Speculative Investor cannot claim status & benefits as a Financial Creditor u/s 5(8)(f) of Insolvency Bankruptcy Code: NCLT Read More: https://lnkd.in/gUNSvetU #speculative #financial #insolvencybankruptcy #nclt #taxscan #taxnews

Creditors are key participants in insolvency proceedings, as the maximized value of assets is closely tied to the recovery of creditors. Dua Associates’ July issue of In Brief makes a case for granting intervenors the opportunity to be heard, for a comprehensive understanding of the understanding of the financial situation and solvency of the corporate debtor , leading to better-informed decisions. Read on… Angad Varma Saurabh Nikalje Kevin Chadha #duaassociates #inbrief #july #insolvency #corporate

A statutory demand is a formal written request for the payment of a debt. It’s essentially a warning from the creditor that if the debt is not paid or settled within 21 days, insolvency proceedings may start against you. For individuals, this could mean a bankruptcy petition, or a winding up petition against a company. Don’t stress- this is just the first step in legal proceedings, which our team at FWJ is equipped to deal with. Contact us today to find out how we can help you. #StatutoryDemand #Bankruptcy #WindingUpPetition #FWJExperts #BusinessLaw

'In the midst of chaos, there is also opportunity.' - Sun Tzu, The Art of War. This quote aptly mirrors the evolving landscape of personal insolvency under the Insolvency and Bankruptcy Code, 2016 (IBC), which offers structured relief to individuals facing financial distress. Courts have consistently underscored the enduring liability of personal guarantors (PGs), even as corporate debtors are resolved. The Supreme Court has validated the constitutional legitimacy of these provisions, though challenges like jurisdictional issues and asset protection for PGs persist. Read the comprehensive insight by our associate Mr. Ritik Kumar Jha, here: https://lnkd.in/gp_d5_aA #MetalegalAdvocates #MetalegalInsights #PersonalInsolvency #IBC2016 #LegalReform #PersonalGuarantors #JudicialInterpretations #CorporateDebtors #FinancialDistress #SupremeCourt #InsolvencyResolution

FAQ: Who can start insolvency proceedings? Insolvency proceedings can be started by: ⚪ Any creditor (if owed more than £750) ⚪ The holder of a Qualifying Floating Charge (or QFC), such as the Bank ⚪ The company itself ⚪ The directors ⚪ The Secretary of State Need more information? Contact us today. #insolvency #debt #businessadvice

Watch our webinar on Resolving Insolvency: When Assets are attached by ED/ Investigating Agency ( Part lI ) YouTube Link - https://lnkd.in/g97gawWn To Remain Updated on the IBC Regime Subscribe to our Telegram page here: https://t.me/aaaipe Subscribe to our YouTube channel at https://bit.ly/3LV9LxN to gain access to more than 100 webinars. This is our effort toward learning and educating others. Share with your friends and colleagues, and let us take a step forward together! #aaainsolvency #aaa #insolvency #bankruptcy #valuation #legal #webinar #highcourt #financial #lawyer

For our latest blog, we have a guest post from Chelsea W. at Scotland Liquidators *The road to becoming an Insolvency Practitioner Read the post here - https://lnkd.in/ehMy9-AG #insolvency #insolvencyjobs #insolvencynews #insolvencyupdates

Watch our webinar on Resolving Insolvency: When Assets are attached by ED/ Investigating Agency  ( Part lI ) YouTube Link - https://lnkd.in/gWJk_JdT To Remain Updated on the IBC Regime Subscribe to our Telegram page here: https://t.me/aaaipe Subscribe to our YouTube channel at https://bit.ly/3LV9LxN to gain access to more than 100 webinars. This is our effort toward learning and educating others. Share with your friends and colleagues, and let us take a step forward together! #aaainsolvency #aaa #insolvency #bankruptcy #valuation #legal #webinar #highcourt #financial #lawyer

Watch our webinar on Resolving Insolvency: When Assets are attached by ED/ Investigating Agency  ( Part lI ) YouTube Link - https://lnkd.in/gWJk_JdT To Remain Updated on the IBC Regime Subscribe to our Telegram page here: https://t.me/aaaipe Subscribe to our YouTube channel at https://bit.ly/3LV9LxN to gain access to more than 100 webinars. This is our effort toward learning and educating others. Share with your friends and colleagues, and let us take a step forward together! #aaainsolvency #aaa #insolvency #bankruptcy #valuation #legal #webinar #highcourt #financial #lawyer