Tuesday, 12 November 2013

FAQ - Does it make a difference if the individual pays back the money the liquidated company owed to either HMRC or the Creditors?

The answer is No. 

Director Disqualification proceedings relate to the conduct of the individual at the time and later repayment of outstanding monies makes little if any difference to whether a claim is commenced or not.  Bluntly, the person is better off spending your money defending the claim – assuming he/she has grounds to do so.