compulsory examination powers - as published in
R3 Recovery (Sept 2010)
The powers of compulsory examination available to insolvency
office-holders are underused, often for the wrong reasons. In this
article, Mike Pavitt and Theo
Anderton suggest ways in which these powers might be brushed
off and brought to best effect in order to maximise recoveries.
This article first appeared, in a
reduced format, in the autumn 2010 edition of
Recovery, the magazine of R3, the Association of Business Recovery
Professionals, published by GTI Media.
This article will be of interest to
qualified insolvency practitioners and their staff, creditors
contemplating the appointment of an insolvency practitioner and the
likelihood of a dividend resulting therefrom, and others affected
by the use, or proposed use, of sections 236 or 366 Insolvency Act
1986.
