Insolvency Service: Global Counsel
The question
To ask the Secretary of State for Business and Trade, whether the Insolvency Service and its nominated receiver are taking to ensure the retention of emails held by Global Counsel.
Answered by Blair McDougall
When a company enters administration, independent Insolvency Practitioners take control of its business and property. Administrators are responsible for securing and reviewing company records to understand the company’s affairs and carry out the administration. Within three months, administrators must submit a directors’ conduct report to the Insolvency Service. If an investigation is warranted, the Insolvency Service will obtain records from the administrators.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →