Corporate Law

Responsibilities in Insolvency

Understanding Wrongful Trading: Director’s Responsibilities in Insolvency

As someone deeply immersed in the finance and accounting fields, I often encounter questions about the legal and ethical responsibilities of directors when a company faces insolvency. One of the most critical yet misunderstood concepts in this area is wrongful trading. In this article, I will explore what wrongful trading means, the responsibilities it imposes

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