IPM specialise in security, door personnel and stewards for arenas and sports stadiums.
Oh dear.
From bad to worse:
“A claimant with a judgment debt is free to issue a Winding-Up Petition to enforce payment. But if the debt is undisputed, they can sidestep the CCJ and petition for the debtor-company to be wound up.
The issuing of a Winding-Up Petition immediately triggers Section 127 of the Insolvency Act 1986. This forbids directors from taking several actions, including making payments from the company’s bank account(s) without first obtaining the court’s permission.”
– insolvencyandlaw.co.uk
