UK Insolvency Rules 2016

The UK Insolvency Rules 2016 govern how insolvency procedures—such as company liquidations, administrations, and bankruptcies—are managed. They provide a structured legal framework to ensure transparency, fairness, and efficiency when dealing with insolvent entities. The rules set out procedures for creditors, trustees, and administrators to follow, including how assets are collected and distributed, how meetings are held, and how claims are made. Overall, they aim to balance the interests of all parties involved, facilitate orderly resolution of insolvencies, and promote confidence in the insolvency process.