What Is Insolvent Trading

What Is Insolvent Trading?
Posted 9 months ago  | 
Corporate Law,General Legal
Corporate Law General Legal

1 Answer(s)

Harshit Bhurani
Advocate

Insolvent trading is the ongoing operation of a company that is not able to meet the repayments for their debts. Company directors are liable for insolvent trading if legal action is pursued by the liquidator on behalf of creditors.