The Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Act 2021 allows the government to investigate directors of dissolved companies in addition to directors of companies in an insolvency process. This is to increase the options available to recover bounce back loan debts.
In their fourth episode in the Business law untangled podcast series, Maria Koureas-Jones and Stephen Downie look at the options available to government and discuss the implications for borrowers and directors.
To learn more about director disqualification and bounce back loans, or how our expert SME and director services team can help you – just call today.