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August 31, 2024 4 min read Definitions

Official Receiver: Roles and Responsibilities in Insolvency Cases

Law Finance Insolvency Bankruptcy Liquidation Court Officers Financial Regulations

An official receiver is a person appointed by the Secretary of State for Business, Innovation and Skills to act as a receiver in bankruptcy and winding-up cases. The High Court and county courts have jurisdiction over insolvency matters, and official receivers serve as officers of the court, often acting as liquidators of companies being wound up.