A question on #CompanyLiquidations tabled by Lisa Smart on 20-03-2025 has been answered by Justin Madders.

Heading: Company Liquidations
Question ID: 1786890
UIN: 39989
House: Commons
Date tabled: 2025-03-20
Asking Member ID: 5070
Asking Member display name: Lisa Smart
Asking Member handle:
Asking Member Twitter reference: Lisa Smart
Member interest: false
Question text: To ask the Secretary of State for Business and Trade, what steps his Department is taking to improve regulatory oversight of company directors with a history of multiple liquidations.
Is named day: false
Date of holding answer:
Date answered: 2025-03-27
Date answer corrected:
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:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
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:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true