11 Feb 2016
3b63b831-beb4-4696-b69e-670ed90bbd8e.pdf
- Citation
- openlaw-9fcda1ff_d60f_4ccc_9a7f_a4a62d1d9211.pdf
- Court
- High Court
Sole director made and authorised payments and transfers while the company was insolvent and without required authorisation or certification, thereby breaching multiple statutory duties; those payments and advances were recoverable and the director (and related company for the advance) are liable to repay and to compensate under the Companies Act 1993; failure to keep records justified relief under s300 and increased liquidation costs.