This is the Directors’ Duties News section
On this page, you will find news about what’s happening in the area of Directors’ Duties.
Fines, prison sentences and Director Disqualification for directors who abused the Bounce Back Loan Scheme
Posted 24th April 2023 by Craig in
Director Disqualification, fines and prison sentences for directors 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
Overtrading V Wrongful Trading: what are the key differences?
How can Insolvency Practitioners help directors avoid Overtrading and Wrongful Trading?Read More
Is ignorance bliss? Why it is important for directors to document their actions if concerned they are insolvent.
Posted 27th February 2023 by Craig in
It is important for directors to document their actions at insolvency.
Directors must comply with their duties as stated in the Companies Act 2006. Failure to do so can have serious consequences.Read More