questionText: To ask the Secretary of State for Business and Trade, whether he plans to bring forward legislative proposals to introduce stricter limits on the number of businesses that an individual can (a) incorporate and (b) manage after multiple company liquidations within a defined period.
answerText: Company and insolvency law already provides relevant authorities with the ability to investigate the conduct of directors of liquidated companies and to act upon misconduct. Imposing prescriptive prohibitions risks penalising the innocent and we have no p...
heading: Company Liquidations