Written question asked by Lord Myners (Crossbench) on Monday, 10 June 2019, in the House of Lords. It was due for an answer on Monday, 24 June 2019. It was answered by Lord Henley (Conservative) on Monday, 17 June 2019 on behalf of the Department for Business, Energy and Industrial Strategy.
Insolvency
- Question
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To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 9 May (HL15286), whether they intend to prioritise strengthening the powers available to insolvency practitioners to take recovery action where value has been extracted from a company prior to insolvency and to require any such related funds to be returned.
- Answer
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In 2018, the Government published detailed proposals to reform corporate insolvency laws including strengthening the powers available to insolvency office-holders to challenge transactions and take recovery action where value has been extracted from a company as it approaches insolvency. The Government remains committed to introduce these changes as soon as Parliamentary time allows.
Secondary information
- Type
- Written question
- Reference
- HL16208
- Session
- 2017-19
- Related items
- Subjects
- Insolvency
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2019-06-17 13:38:44 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL16208
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL16208
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL16208