Can shareholders force liquidation?
If a limited company director feels that a CVL may be the appropriate course of action, they should call shareholders to a general meeting. Shareholders are entitled to receive 14 days’…
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Can a Disqualified Director be a Shareholder?
Directors who don’t meet their legal responsibilities can be banned or disqualified from being company directors up to 15 years. The Company Directors Disqualification Act 1986 was implemented to prevent…
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Are Shareholders Liable for Company Debts?
Are shareholders liable for company debts? If you are the shareholder and/or director of a limited company that’s struggling to pay its outstanding debts, it’s only natural that you’ll be…
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