This is the Directors’ Duties News section
On this page, you will find news about what’s happening in the area of Directors’ Duties.
Posted 28th November 2022 by Craig in
Fine and prison sentence for another director who abused the Bounce Back Loan Scheme
Licensed insolvency practitioner Antony Batty advises directors to take early, formal advice if they are struggling to repay a BBL.Read More
The Improper use of Customers’ Deposits
This is a ‘red flag’ offence at Insolvency. Our Insolvency Practitioners explain why and look at some examples.Read More
Paying Dividends – The Consequences of Paying Illegal Dividends.
Directors’ Dividend payments will be scrutinised for legality by Insolvency Practitioners. This may lead to a Misfeasance Claim with dividends repaid. Tal to us for help and advice.Read More
Did you know part of a director’s responsibility is to scrutinise their fellow directors?
Case Study: agreeing that one director is the ‘lead’ for a company’s financial affairs does not remove the other directors from responsibility.Read More