What Are Directors’ Duties When a Company Is Insolvent?

What Are Directors’ Duties When a Company Is Insolvent? If a company becomes insolvent, it is crucial that its directors comply with their legal duties. Failure to do so can result in personal liability for the company’s debts as well as legal action and disqualification from being a company director or being involved in

What Are Directors’ Duties When a Company Is Insolvent?2023-09-13T16:24:58+01:00

What are directors’ duties and what happens if they are breached?

What are the duties of a company director and what happens if they are breached? Company directors have a number of duties imposed on them under the Companies Act 2006 as well as under common and other laws. Failure to carry out directors' duties can result in substantial penalties, including personal liability for

What are directors’ duties and what happens if they are breached?2023-06-16T12:03:43+01:00

UK Corporate Insolvency and Governance Act 2020: Covid-19 update and implications for company directors

UK Corporate Insolvency and Governance Act 2020: Covid-19 update and implications for company directors 3rd August 2021 In March 2021, the government extended temporary insolvency measures to aid businesses in dealing with the current and continuing disruption caused by the pandemic. The measures so far have avoided a big spike in insolvencies and the

UK Corporate Insolvency and Governance Act 2020: Covid-19 update and implications for company directors2021-08-03T13:26:27+01:00
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