Written Question·Department for Business and Trade·UIN 39990
Company Liquidations
Tabled: 20 March 2025
Answered: 27 March 2025
Question
Lisa Smart
Liberal Democrat — Hazel Grove
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 liquidation
Answer
Justin MaddersCompany 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...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 39990) →