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United Kingdom · Question · Written question

UIN 52420

Directors: Debts

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 May 2025

Last action

20 May 2025 · Answer

Status

Answered

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Discovery layer

Source updated

20 May 2025

Summary

To ask the Secretary of State for Business and Trade, what steps he plans to take to prevent company directors from dissolving indebted businesses and then establishing a similar business without paying former debts.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 May 2025

    Written question

    To ask the Secretary of State for Business and Trade, what steps he plans to take to prevent company directors from dissolving indebted businesses and then establishing a similar business without paying former debts.

    Source: Commons

  2. 20 May 2025

    Answer

    The Government expects directors to act lawfully and responsibly in respect of the companies they run and that includes ensuring that liabilities and other obligations are discharged before they apply for a company's voluntary dissolution. Those who fail ...

    Source: Written answer

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