222 Inability to pay debts: unpaid creditor for £750 or more
Insolvency Act 1986 (1986 c 45) | Legislation

222  Inability to pay debts: unpaid creditor for £750 or more

(1)     An unregistered company is deemed (for the purposes of section 221) unable to pay its debts if there is a creditor, by assignment or otherwise, to whom the company is indebted in a sum exceeding £750 then

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