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.
Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due.2) A company is also deemed unable to pay its debts if it is proved to the satisfaction of the court that the value of the companyâs assets is less than the amount of its liabilities, taking into account its contingent and prospective liabilities... ââ¯Insolvency Act 1986, Section 123 (Part IV, Chapter VI), p. 68.