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How To: Put a company into Creditors Voluntary Liquidation

Creditors Voluntary Liquidation (CVL) is the most common insolvency procedure: a process driven by directors of the company, assisted by us as insolvency practitioners. There are various ways of structuring the process within the statutory deadlines. But it can be a challenge to get the timescales correct, taking into account delivery of the required documents and decision dates.

Description

Creditors Voluntary Liquidation (CVL) is the most common insolvency procedure: a process driven by directors of the company, assisted by us as insolvency practitioners.  There are various ways of structuring the process within the statutory deadlines.  But it can be a challenge to get the timescales correct, taking into account delivery of the required documents and decision dates. 

In this webinar we will look at putting the legislation into practice, how to plan for a CVL and what documents need to be issued when.  This session is specifically designed to assist new members of the profession or anyone dealing with CVLs for the first time, but would also work well as a refresher.

Recorded 28 April 2023

CPD Learning Outcomes

  • Overview of the applicable statute (E&W and Scotland)
  • Overview and stages of the process – how to structure a CVL
  • Planning for the members’ meeting or written resolution
  • Planning for the creditors’ qualifying decision procedure 
  • Planning for the directors’ statement of affairs and its distribution
  • Writing the SIP 6 report
  • Post appointment notices and documentation

Who Should Attend

Anyone looking for an introduction to CVL and/or a practical approach to dealing with the planning and processing of the supporting documentation.

Cost

£55 + VAT per person

50% reduction for every third one-hour series you book.

Webinar fee includes electronic version of course documentation.

 

Team Booking Discount

  5-10 team members - £200 + VAT

11-25 team members - £375 + VAT

26-50 team members - £500 + VAT

50+ price on application

If you are looking to make a team booking, please mail courses@insolvencysupportservices.com

Booking Terms

The purchase of an ISS Training webinar recording permits single user access only for use by the registered delegate and access information should not be forwarded on to third parties. The copying and/or distribution of an ISS Training webinar recordings or materials is not permitted. Responsibility for the confidentiality of webinar registration information and materials issued by ISS Training lies with the registered delegate and purchaser.

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