Press Releases 2003

Director issues Consultation Paper C/2003/1 proposing an extension of the scope of liquidator reporting to ODCE

10 March 2003


The Director today issued Consultation Paper C/2003/1: The Liquidation-Related Functions of the Director of Corporate Enforcement - Further Commencement of Section 56 of the Company Law Enforcement Act 2001. This Consultation Paper proposes that section 56 of the Company Law Enforcement Act 2001 should now be extended to apply to all liquidators appointed to insolvent companies on or after 1 January 2000 and before 1 July 2001, where these liquidations are still ongoing on 1 June 2003. The Director invites written submissions on the Paper by close of business on Monday, 31st March 2003.

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