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This guide provides up-to-the minute guidance on insolvency law and procedures, to enable directors and company secretaries to address any insolvency situation from outside the company or from within. The step-by-step approach adopted ensures that the insolvency proceedings and the terminology involved are explained in an accessible way for the non-specialist.;The text includes the provisions of the Insolvency 2000 Act, which came into force on 1 January 2003. It also includes coverage of the implications of the Enterprise Act 2002 and new developments relating to the implementation of the Bankruptcy and Individual Voluntary Arrangements provisions of the Enterprise Act, which are expected to come into force in the second half of 2004.