JULY 2005
31.1.1 Introduction
This chapter provides details of how the official receiver should deal with the book debts of a company in liquidation or a bankrupt. It is divided into 7 parts as follows
Part 1 - Definitions (paragraphs 31.1.2 to 31.1.3)
Part 2 - The book debt contractor (paragraphs 31.1.4 to 31.1.33)
Part 3 - Loans to connected parties (paragraphs 31.1.34 to 31.1.35) (amended February 2012)
Part 4 - Insolvency practitioners and the contractor (paragraphs 31.1.36 to 31.1.37)
Part 5 - Factoring agreements, sale and assignment of book debts and special managers (paragraphs 31.1.38 to 31.1.42)
Part 6 - Book debts subject to a fixed or floating charge (paragraphs 31.1.43 to 31.1.47)
Part 7 - Late Payment of Commercial Debts (Interest) Act 1988 (paragraphs 31.1.48 to 31.1.53)
Annex 1 – Companies Act 1985 and directors’ loan accounts (added February 2012)
[On to Part 1- Definitions]