‘the circumstances in which a person who was a director of a company when it went into insolvent liquidation may be brought within an exception to the provisions of sections 216 and 217 of the Insolvency Act 1986 (‘the Act’) – provisions which would otherwise render that person liable for the debts and liabilities of a new company of which he is a director, being a company having a name which is so similar to the name of the company in liquidation as to suggest an association with that company (i.e. a ‘prohibited name’ within the meaning of section 216). ‘
Citations:
[2006] EWCA Civ 1623, Times 11-Jan-2007, [2007] Bus LR 676
Links:
Statutes:
Jurisdiction:
England and Wales
Insolvency, Company
Updated: 27 October 2022; Ref: scu.246724