I know that one of the basic premises of a limited company is that should a company go bust owing a significant sum, in most cases the company owner will not be personally liable for its debts.
However, what is to stop a company with debts but also assets, starting up a new company with a new registration, doing the same business but simply transferring all of the assets to the new company, leaving the old company with just the debts and closing it down?
I'm almost certain there are ways of doing just that. That's what you'd pay an accountant for.
ahh such a moral dilemma, it can be done, is done and there's no law to stop it.
...like the MP's claiming for mortgages when they don't have one.
and the puncher will be subjected to the GBH laws...
I see, so probability of getting back wages even after going to court is?
I very much doubt that a punch in the face would be classed as GBH.
oh no, go down to your local nick and punch the duty sergeant...
Sorry, I'm dealing with reality.
You obviously don't know the difference between GBH and assault.
oh dear a smart arse...
You would know what assault was if you were brave enough to act in public like you do behind a computer screen.
I repeat, a smart arse...
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