RTTNews - Friday, the Ministry of Justice report showed that in England and Wales 3,181 company winding up petitions were issued in the second quarter, down 8% from the first quarter. But, it increased 9% on an annual basis.

And, debtors' bankruptcy petitions issued in the High Court and county courts of England and Wales stood at 16,139, dropped 4% quarter-on-quarter and increased 19% annually. Meanwhile, creditors' increased 9% sequentially and fell 12% from the same period of prior year.

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