ccj? Directors must make an early decision?

<BODY BGCOLOR="white" TEXT="black" LINK="blue" VLINK="blue" ALINK="blue" > <P><FONT FACE="Arial, Helvetica, sans-serif" SIZE="2"><A HREF="http://www.pclconsultancy.co.uk"><H1>ccj</H1></A>. Directors must make an early decision on whethert the business is insolvent. The director of a company which is facing financial difficulty should ensure that there is a reasonable prospect that the company will not be insolvent before being party to any decision to trade on. Under UK law, if a company is trading when insolvent, a director may be liable for wrongful trading. The director of a company which is facing financial difficulty should ensure that there is a reasonable prospect that the company will not be insolvent before being party to any decision to trade on. Directors must make an early decision on whethert the business is insolvent. Deciding whether to cease trading can be a huge problem. If the director knew or should have known that the company could not avoid becoming insolvent but still continues to trade then he or she must cease to trade immediately and take steps towards liquidating the company. The director of a company which is facing financial difficulty should ensure that there is a reasonable prospect that the company will not be insolvent before being party to any decision to trade on. Deciding whether to cease trading can be a huge problem. If the director knew or should have known that the company could not avoid becoming insolvent but. <a href="http://www.yahoo.com" target="_blank"><img src="image3.gif"></a> Directors must make an early decision on whethert the. </FONT></P> <P ALIGN="CENTER"><A HREF="http://www.pclconsultancy.co.uk"><IMG SRC="image2.gif" BORDER="1" ALT=" Directors must make an early decision on whethert the business is insolvent. The director of a company which is facing financial."></A></P> </BODY>