Monopolistic and Restrictive Trade Pract
What is insolvent trading?
By  Esha Dhir  |  30 Nov 2016  |  Upvotes: 0  | 

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.

 

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