Items related to Directors' personal liability
Synopsis
In 1897 the House of Lords laid down decisively the principle that neither the directors nor shareholders were personally liable for the debts or the torts of a limited company. Since then, almost every year has seen a substantial erosion of that principle. The courts, particularly in the most recent cases, have shown themselves all too willing to penetrate what they term the "corporate veil", and there have been numerous cases in which directors have been held liable for the debts of small limited liability companies on the basis that credit was extended to them rather than the companies they represented. The most serious assault on the principles enunciated by the House of Lords in 1897 has been by successive Companies Acts, culminating in the Companies Act 1985. In addition, the Insolvancy Act 1986 imposes most onerous obligations on the directors of failed companies. All these situations and more are discussed in detail in this book by a specialist in company law. Every director needs to know exactly what his/her responsibilities are and this book aims to provide definitive advice. It should prove a valuable reference to company secretaries and directors' professional advisers such as accountants as solicitors.
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- PublisherDistributed in the United States of America by Sheridan House
- Publication date1987
- ISBN 10 0003832945
- ISBN 13 9780003832945
- BindingHardcover
- LanguageEnglish
- Number of pages270
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Directors' Personal Liability
Published by
Wiley-Blackwell 21/04/1987, 1987
ISBN 10: 0003832945
ISBN 13: 9780003832945
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Hardcover
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Directors' Personal Liability
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Hardcover. Condition: Very Good. Directors' Personal Liability This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. Seller Inventory # 7719-9780003832945
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Directors Personal Liab.
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Condition: Good. Most items will be dispatched the same or the next working day. A copy that has been read but remains in clean condition. All of the pages are intact and the cover is intact and the spine may show signs of wear. The book may have minor markings which are not specifically mentioned. Seller Inventory # wbb0024293560
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Directors* personal liability
Published by
Distributed in the United States of America by She, 1987
ISBN 10: 0003832945
ISBN 13: 9780003832945
Used
Hardcover
Seller: dsmbooks, Liverpool, United Kingdom
Seller rating 3 out of 5 stars
Hardcover. Condition: Good. Good. book. Seller Inventory # D7S9-1-M-0003832945-3
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