They handle all other insolvency procedures except fast-track voluntary arrangements and debt relief orders.

Finally, in September 2012 it entered an insolvency procedure.

There are different insolvency procedures for dealing with companies and for partnerships.

Often business transfers take place when a company has plunged into an insolvency procedure.

Outside of insolvency procedures, experts' decisions cannot be enforced without further court action wherever enforcement is sought.

Paragraph 1 above applies whether or not the business of the person who is the subject of the insolvency procedure continues to be carried on.

The second important point concerns insolvency procedures.

Second, and since the Enterprise Act 2002 the preferred insolvency procedure, a company which is insolvent can go under administration.

Liquidation is the final, most frequent, and most basic insolvency procedure.

It is clear that not all the insolvency procedures are applicable to unregistered companies.