Wrongful trading: Difference between revisions

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Where a director allows the company to continue trading when he knows or ought to have concluded that the company could not settle its debts.
''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.
 


== See also ==
== See also ==
* [[Chapter 11]]
* [[Corporate Insolvency and Governance Act]]
* [[Fraudulent trading]]
* [[Fraudulent trading]]
* [[Insolvency]]
* [[Moratorium]]
* [[Restructuring plan]]
* [[Termination clause]]
* [[Winding up petition]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

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.


See also