“The Inadequacies of English Corporate Insolvency Law: A Critical Analysis of Specific Elements”

question
‘Few of the many different elements of English Corporate Insolvency law operate
satisfactorily.”
Critically analyse the above statement by considering a particular element or elements of
the relevant law, e.g. s. 172 (3) of the Companies Act 2006 or ss. 212 – 214 of the Insolvency Act
1986 or the law on Administration, but note that these are only examples of areas that you
could consider.
Your analysis should include at least some references to relevant legislation, academic
articles and case law.