United Kingdom · Question · Written question
UIN 200536
Insolvency
Original
Introduced
19 September 2023
Last action
18 October 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
18 October 2023
Summary
To ask the Secretary of State for Business and Trade, whether her Department has made an assessment of the potential merits of (a) introducing measures to hold company directors to account for businesses going into administration, (b) giving employees mor
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Timeline
19 September 2023
Written question
To ask the Secretary of State for Business and Trade, whether her Department has made an assessment of the potential merits of (a) introducing measures to hold company directors to account for businesses going into administration, (b) giving employees mor
Source: Commons
18 October 2023
Answer
Measures to hold directors to account already exist. When a company enters administration, the administrator has a legal duty to report to the Insolvency Service on the directors’ conduct. The Insolvency Service may seek the directors’ disqualification wh...
Source: Written answer
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- · Department for Business and Trade · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-09-19/200536
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1662053
- uk · wq-1662053 · source updated 18 October 2023