| Heading: |
Company Liquidations |
| Question ID: |
1786891 |
| UIN: |
39990 |
| House: |
Commons |
| Date tabled: |
2025-03-20 |
| Asking Member ID: |
5070 |
| Asking Member display name: |
Lisa Smart
|
| Asking Member handle: |
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| Asking Member Twitter reference: |
Lisa Smart
|
| Member interest: |
false |
| Question text: |
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 |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-03-27 |
| Date answer corrected: |
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| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4418 |
| Answering Member display name: |
Justin Madders
|
| Answering Member handle: |
justinmadders
|
| Answering Member Twitter reference: |
@justinmadders
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
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... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
214 |
| Answering body name: |
Department for Business and Trade |
| Tweeted: |
true |