Clarification on distribution of surplus assets of a registered society on solvent winding up

Friendly societies, along with other mutual societies, are registered with and regulated by the Financial Conduct Authority under the Co-operative and Community Benefit Societies Act 2014 (the Act).

Filed under:
United Kingdom, Insolvency & Restructuring, Litigation, Dentons, Liquidation, Financial Conduct Authority (UK), Insolvency Act 1986 (UK)
Authors:
Neil Griffiths , Andrea Dunsby
Location:
United Kingdom
Firm:
Dentons