March 2019 | Builtin Insurance & Building Warranties

Are you a director of your own limited company? You could be held personally liable if your company fails

by Ben Rickard | Mar 5, 2019 | Insurance

In February this year the directors of Mainzeal were ordered to pay $36m for breaching their duties under section 135 of the Companies Act because Mainzeal was trading while balance sheet insolvent before it collapsed in 2013. Do you know if your company is solvent? ...