by Paul Brindley | May 17, 2019 | Administration, CVLs
When a limited company starts to face financial problems, its directors need to bear in mind a number of aspects of insolvency law: Compliance with their duties under the Companies Act 2006 S171 Duty to act within powers S172 Duty to promote the success of the company...
by Paul Brindley | May 16, 2019 | Administration, CVLs, Ethics & Regulation
While a company is doing well, the law requires that the directors work to ensure the continuing success of the company for the benefit of the shareholders. It’s a duty that is owed to the company itself, and to the shareholders as a whole, not just one or some. When...