questionText: To ask the Secretary of State for Business and Trade, whether he plans to prevent the directors of companies which become insolvent during their directorship from setting up more companies.
answerText: It is important to remember that most companies do not become insolvent due to wrongdoing. Directors of an insolvent company can run similar businesses unless they are disqualified or subject to restrictions. Where directors abuse the system, the Secretar...
heading: Companies: Insolvency