Hello
Can anyone advise please
The Director of a company that I have personally made bankrupt, changed the name of his company just before his bankruptcy hearing in a blatant attempt to try and avoid his personal responsibility regarding the debt he has failed to pay, hence bankruptcy.
What I would like to understand is this. My own understanding is that as soon as you are aware that you are insolvent you can no longer act as a Director. Given this guys debt was ordered by the courts over 2 years ago and the fact he hasn’t as yet paid a penny, clearly shows he was insolvent and should not therefore not have been allowed to act as a Director in any way shape or form, including changing his companies name in an attempt to pervert the course of justice. Clearly that ‘attempt’ failed and he was made bankrupt but it is actions whilst insolvent that concern me especially considering the reasons behind this company name change
Isn’t this illegal and therefore criminal ?
Any help or advise gratefully received
Can anyone advise please
The Director of a company that I have personally made bankrupt, changed the name of his company just before his bankruptcy hearing in a blatant attempt to try and avoid his personal responsibility regarding the debt he has failed to pay, hence bankruptcy.
What I would like to understand is this. My own understanding is that as soon as you are aware that you are insolvent you can no longer act as a Director. Given this guys debt was ordered by the courts over 2 years ago and the fact he hasn’t as yet paid a penny, clearly shows he was insolvent and should not therefore not have been allowed to act as a Director in any way shape or form, including changing his companies name in an attempt to pervert the course of justice. Clearly that ‘attempt’ failed and he was made bankrupt but it is actions whilst insolvent that concern me especially considering the reasons behind this company name change
Isn’t this illegal and therefore criminal ?
Any help or advise gratefully received
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