Directors can become personally liable for the debts of the company, if the directors allow the company to trade whilst insolvent.We have have talked about this risk to company directors in an earlier Blog post. Given this risk, what steps can be taken by a company director to not
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Directors Personal Liability for the Company’s Insolvent Trading?
When the Titanic hit that iceberg, there were no night-vision goggles, no sonar detection, no radar. Just sailors with binoculars on the lookout. That gave them about ten minutes warning of disaster. These days they would have known hours ahead.So how quickly does a company director need to act when
moreHow to Identify & Resolve your Business Compliance and Regulation Issues
Not identifying or ignoring compliance or regulation issues faced by your business can cost you, in terms of time and not just money. To understand why a government department has made an adverse finding against you or your business, or has alleged your business is non-compliant with certain government regulations,
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