Insolvency and Companies Court

The Insolvency and Companies Court is a specialized division within the High Court in the UK that handles legal matters related to financial difficulties of companies and individuals. It deals with cases such as company insolvency (when a company cannot pay its debts), bankruptcy, and matters involving company directors. The court’s purpose is to resolve disputes, oversee insolvency procedures, and ensure fair treatment for creditors and involved parties. It provides expert judgment on financial and legal issues concerning insolvency, helping to either reorganize or wind up companies efficiently.