HUMUNGOUS SAVING: HURRY!
The Insolvency Service was after an increase in deposits payable on creditors’ petitions for bankruptcy and company winding up respectively from £990 to £1,500 and £1,600 to £2,600. What the Insolvency Service wants, the Insolvency Service usually gets. And it has got it in the form of the Insolvency Proceedings (Fees) (Amendment) Order 2022 (SI 2022/929) attacking petitions presented on or after 1 November 2022. Articles 2 (b) and (c) of the 2016 fees order (SI 2016/692) are amended. A cunning way to keep petition numbers down.
TO RUSSIA WITH LOVE
Hello and welcome to the open Register of Overseas Entities which is held out of Companies House and has been set up under the Economic Crime (Transparency and Enforcement) Act 2022. It was rushed into life with more than a nod towards our oligarch friends on 1 August 2022 (see commencement SI 2022/876 for most of Pt 1) with other provisions brought into force on 5 September 2022. Overseas entities buying,