Reckless and Insolvent Trading Rules:
September 28, 2020
Continuing to trade while insolvent may see a director charged with reckless trading resulting in personal liability for the debts incurred by the company.
Under section 135 of the Companies Act 1993, a director of a company must not cause or allow the business of that...
Qualifying Company and Insolvency
May 9, 2017
Qualifying Companies (QC) have been around for some time; in fact my well-thumbed guide comes from 2005. Qualifying Companies are almost a thing of the past as no new ones can be created, but there are still some that exist.
There are big pluses to being a Qualifying Comp...