Best Answer: Put your right hand in front of you with the palm of the hand. facing you and the fingers pointed toward the middle. of your chest. Lower your hand down passed your. breast to the lowest part of the front of your rib. cage. This is where your liver is located.
An Insolvency Practitioner (IP) is someone who is licensed and authorised to act in relation to an insolvent individual, partnership or company. Most IPs are accountants or insolvency specialists working in firms of accountants.
Watch our video and it will tell you how to check if your company is insolvent or not. For more information read our page on the tests for insolvency. So if the company is insolvent you must act to MAXIMISE CREDITORS INTERESTS.any directors tell us that on a balance sheet test the company is not insolvent therefore they do not need to act. However, under the cashflow test above the company may still be insolvent. So you must act if it is.