What are the potential liabilities of directors for company debts?

Could I Be Held Personally Liable For My Business Debts

Company insolvency arises when a business is no longer able to fulfill its financial commitments, rendering it incapable of settling its debts as they fall due. This situation of financial hardship can have far-reaching consequences for all parties involved, encompassing creditors, employees, and directors. This article endeavors to provide a preliminary overview of company insolvency, […]