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What is Transfer of Undertakings Protection of Employment (TUPE)?

What is Transfer of Undertakings Protection of Employment (TUPE)?

The Transfer of Undertakings (Protection of Employment) Regulations (TUPE) protects employees’ terms and conditions when a business is transferred from one owner to another. This can happen to insolvent companies if the insolvency practitioner sells the whole of the business or certain assets of the business to a purchaser. Employees of the insolvent company become employees of the new owner on the same terms and conditions.

Considering Director Redundancy? Suggested Reading

Does accepting a new job offer before the date of redundancy prevent a director making a claim for redundancy to the RPS?

Does accepting a new job offer before the date of redundancy prevent a director making a claim for redundancy to the RPS

My company strike off application has been rejected – what now?

If you are looking to close your limited company, you may have attempted to strike it off by submitting a DS01 form to Companies House. This process is also sometimes referred to as dissolving or company dissolution.

What is a Creditors’ Voluntary Liquidation?

A Creditors’ Voluntary Liquidation (CVL) is an official procedure whereby a company’s assets are liquidated in order to pay creditors. It’s typically initiated by directors when their company becomes insolvent and there is no hope of business recovery.

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