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Redash · 02-11-2009, 13:12

As far as I know.
If the company goes bust, the directors will be banned from holding a directorship elsewhere, so they can't start up a new company.
Also shar holders will be chased for the debt of the company.

02-11-2009, 13:12	#224
Redash God Member Join Date: Mar 2006 Location: Knottingley Posts: 2,134 Liked: 55 times Rep Power: 4544	Re: 1000 Shares Issue!!! As far as I know. If the company goes bust, the directors will be banned from holding a directorship elsewhere, so they can't start up a new company. Also shar holders will be chased for the debt of the company.