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Corporate and Business Registration Department

A Department of the Ministry of Finance

Insolvency

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Insolvency

The Insolvency Act which came into force on 1st June 2009 regulate bankruptcies of the individuals and insolvencies of companies. It is a legislation which provides innovative tools to better manage companies during periods of distress.

The Insolvency law sets out alternative measures to bankruptcy such as restructuring, work outs and voluntary administration.

Services​
    
Registration of documents for:-
          - Liquidation
          - Receivership
          - Administration
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 Application for Registration as Insolvency Practitioner

 Maintain Register of Insolvency Practitioners

 Foster training to enhance performance of Insolvency Practitioners

 Entertain complaints against misconduct of Insolvency Practitioners

 Maintain Register of Bankrupts
            

​FAQs


                                

             



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