Wrongful trading: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Remove surplus link.) |
imported>Doug Williamson (Expand heading.) |
||
Line 1: | Line 1: | ||
''Law.'' | ''Law - insolvency.'' | ||
Where a director allows a company to continue trading when they know - or ought to have concluded - that the company could not settle its debts. | Where a director allows a company to continue trading when they know - or ought to have concluded - that the company could not settle its debts. | ||
Line 8: | Line 8: | ||
* [[Corporate Insolvency and Governance Act]] | * [[Corporate Insolvency and Governance Act]] | ||
* [[Fraudulent trading]] | * [[Fraudulent trading]] | ||
* [[Insolvency]] | |||
* [[Moratorium]] | * [[Moratorium]] | ||
* [[Restructuring plan]] | * [[Restructuring plan]] |
Latest revision as of 15:27, 13 October 2020
Law - insolvency.
Where a director allows a company to continue trading when they know - or ought to have concluded - that the company could not settle its debts.