This class was created by Brainscape user Lucy Green. Visit their profile to learn more about the creator.

Decks in this class (23)

Chapter 1 - Legal and regulatory framework
What are the three sources of law...,
What are the four non legal rules...,
Sip1
40  cards
Chapter 3 - The Insolvency Practitioner: key professional issues
Criteria to act as an ip,
Bonding what is the purpose and w...,
When must a progress report be co...
39  cards
Chapter 4 - Key ethical issues
Name the five fundamental principles,
Name the five threats to fundamen...,
Explain self interest threat
34  cards
Chapter 5 - Insolvency computations
Who are preferential creditors,
Who are secondary preferential cr...,
Prescribed part applies to floati...
13  cards
Chapter 6 - Position of directors in insolvency situations
What is a de jure director,
What is a de factor director,
What is a shadow director
24  cards
Chapter 7 - Voluntary liquidation
What power of liquidator requires...,
What are the powers of a liquidator,
What are the restricted powers of...
32  cards
Chapter 8 - Compulsory Liquidations
What are the grounds for winding ...,
Name the four ways an inability t...,
Can the supervisor of a cva petit...
20  cards
Chapter 9 - Liquidators investigations
S234 s235 s236,
S238,
What is the relevant time for tra...
17  cards
Chapter 10 - Asset protection regime in liquidation
Between presentation of petition ...,
S126 and s130 in a compulsory liq...,
S130 in compulsory liquidation
22  cards
Chapter 14 - Introduction to administrations
What are the p,
Is achieving the approval of a cv...,
Who may appoint an administrator ...
36  cards
Chapter 15 - Procedure for administration
Out of court admin appointment pa...,
Out of court admin appointment pa...,
Out of court admin appointment pa...
51  cards
Chapter 16 - Implementation of administration
Administration advantages of trad...,
Within what time period must an a...,
What is the statutory notice peri...
32  cards
Chapter 17, 18, 19 - Receiverships
Who may act as an administrative ...,
Within what time frame does a cha...,
What date does a floating charge ...
46  cards
Chapter 13 - CVAs
The nominees judgement for the re...,
Does a supervision of a cva had p...,
Is a moratorium available in a cva
54  cards
Chapter 20 - Bankruptcy
Informal options for a person fac...,
Formal options for a person facin...,
What are the three routes into ba...
45  cards
Chapter 21 - Post Bankruptcy Order
If bankrupt has an increase in in...,
Can a creditor continue with exec...,
What are the landlords rights to ...
33  cards
Chapter 23 & 24 - Bankrupts Estate
Bankruptcy what assets are exclud...,
Items of excess value trustee mus...,
Items of excess value what is the...
39  cards
Chapter 26 - Proof of debts bankruptcy
If a trustee rejects a proof of d...,
What is a provable debt in bankru...,
In bankruptcy what debts are not ...
31  cards
Chapter 27 & 28 - Discharge, annulment & vacation of office
What happens when a bankrupt is d...,
Does the estate re vest with the ...,
When is a bankrupt discharged
20  cards
Chapter 29 & 30 - Individual Voluntary Arrangements
In an iva do the assets vest with...,
Can a supervisions challenge ante...,
Can a debtors assets be excluded ...
51  cards
Extra
True or falsea person acting as a...,
Who is responsible for ensuring t...,
If a company director without goo...
36  cards
ICAEW Mock
A trustee in bankruptcy served a ...,
Rot creditor if company enters ad...,
Rot creditor if company enters in...
25  cards
Question bank
Floating charge created 15 sept 2...,
Who might appoint a special manag...,
To be able to have a provisional ...
9  cards

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Insolvency

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