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When a director fails to fulfill their legal responsibilities, they run the risk of disqualification. The rules of disqualification are laid down in the Company Directors Disqualification Act 1986 (CDDA); the act is designed to restrict the abuse of the limited liability company structure. […]
We discuss overdrawn directors’ loan accounts (DLA) and explore how they can be a complex issue for Directors, especially if their company is insolvent and needs to enter an insolvency procedure. […]
Details of the proposed changes to company strike-off, through greater powers for the Secretary of State to investigate the conduct of Directors of dissolved companies. […]
The most significant changes to insolvency legislation (in England & Wales) in the last three decades were introduced on the 6th April 2017, aimed at modernising and updating present procedures. […]
