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Cash in Form Phoenix Life Limited

Cash in Form Phoenix Life Limited

Use a phoenix life cash in application form template to make your document workflow more streamlined.

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Instructions and help about phoenix life co uk cashin

i'm here with kevin pritchard of for our business recovery and in this video we're going to be discussing what is commonly referred to as phoenix companies kevin can you tell us a little bit more and explain the process yes simon phoenix company is a commercial entity that emerges from the failure of a previous uh limited company that's been subject to an insolvency process the new company trades in a similar style to the old now insolvent company and it gives the appearance of business as usual for its clients and customers is that legal yes i mean it's perfectly legal uh shareholders and directors that have been subject to insolvency process like a creditor's voluntary accreditation or a compulsory winding up order are entitled to form a new company and in fact hmrc and the attorney general acknowledge it's perfectly legal to form a company from the remains of a failed business okay interesting so are there any circumstances where the d

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