COM42041 - Case records: maintaining case records: entering capacity details in COTAX - company insolvent
Where you are advised that a company is insolvent you need to update the COTAX records as follows.
Liquidation - creditors’ voluntary
Function | Fields to complete |
---|---|
ACTP (Amend CT Payer Details) | Solvency status field - ‘I’ and date of liquidation. |
ACNA (Amend Company Name / Address) | Check the Companies House record. If the Registered Office address has not been changed to that of the liquidator, change the RLS indicator to ‘Y’. |
AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of liquidation. |
ACOM (Amend Communication Details) | Enter the liquidator’s details in the communication name and address fields only where the Registered Office has not been changed to that of the liquidator. |
ACAP (Add / Amend Capacity Details) | Enter the liquidator’s details in the capacity name and address fields and capacity role - Liquidator. |
Liquidation - members’ voluntary
Function | Fields to complete |
---|---|
ACTP (Amend CT Payer Details) | Solvency status field - ‘S’, date of liquidation and Co Liq Mem Vol - ‘Y’. |
ACNA (Amend Company Name / Address) | Check the Companies House record. If the Registered Office address has been changed to that of the liquidator, amend the RO address. |
AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of liquidation. |
ACAP (Add / Amend Capacity Details) | Enter the liquidator’s details in the capacity name and address fields and capacity role - Liquidator. |
Liquidation - compulsory
Function | Fields to complete |
---|---|
ACTP (Amend CT Payer Details) | Solvency status field - ‘I’ and date of liquidation. |
ACNA (Amend Company Name / Address) | Check the Companies House record. If the Registered Office address has not been changed to that of the liquidator, change the RLS indicator to ‘Y’. |
AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of liquidation. |
ACOM (Amend Communication Details) | Enter the liquidator’s details in the communication name and address fields only where the Registered Office has not been changed to that of the liquidator. |
ACAP (Add / Amend Capacity Details) | Enter the liquidator’s details in the capacity name and address fields and capacity role - Liquidator. |
Receivership
Function | Fields to complete |
---|---|
ACTP (Amend CT Payer Details) | Solvency status field - ‘I’. |
AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of receivership. |
ACAP (Add / Amend Capacity Details) | Enter the receiver’s details in the capacity name and address fields and capacity role - Receiver. |
Voluntary arrangement
Function | Fields to complete |
---|---|
ACTP (Amend CT Payer Details) | Solvency status field - ‘V’. |
AMAG (Add / Amend Agent Details) | Do not show the agent as ceased. |
ACOM (Amend Communication Details) | Do not enter the supervisor’s details in the communication name and address fields. |
ACAP (Add / Amend Capacity Details) | Do not enter the supervisor’s details in the capacity name and address fields. |
Company administration from 15 September 2003
Function | Fields to complete |
---|---|
ACTP (Amend CT Payer Details) | Solvency status field - ‘A’ and administration start date. |
ACNA (Amend Company Name / Address) | Check the Companies House record. If the Registered Office address has not been changed to that of the liquidator, change the RLS indicator to ‘Y’. |
AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of administration. |
ACOM (Amend Communication Details) | Enter the liquidator’s details in the communication name and address fields only where the Registered Office has not been changed to that of the liquidator |
ACAP (Add / Amend Capacity Details) | Enter the receiver’s details in the capacity name and address fields and capacity role - Administrator. |
Administrative receivership before 15 September2003
Function | Fields to complete |
---|---|
ACTP (Amend CT Payer Details) | Solvency status field - ‘A’ and receivership start date. |
ACNA (Amend Company Name / Address) | Check the Companies House record. If the Registered Office address has not been changed to that of the liquidator, change the RLS indicator to ‘Y’. |
AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of receivership. |
ACOM (Amend Communication Details) | Enter the liquidator’s details in the communication name and address fields only where the Registered Office has not been changed to that of the liquidator. |
ACAP (Add / Amend Capacity Details) | Enter the receiver’s details in the capacity name and address fields and capacity role - Receiver. |