In our experience, many directors and officers generally only have a vague awareness of the criminal offences which can be committed not only by their companies but also by themselves under the Act.
Directors owe a duty to the company and, if insolvency threatens, to creditors. Certain key duties of directors have been placed under the Companies Act 2006. For example, a duty to keep proper books and records and restrictions on entering into certain transactions with the company, accepting loans from the company and wrongful trading.
Breach of these duties can result in a director being disqualified from acting as a director and in many cases can lead to the director incurring personal liability.
CRG Forensics will investigate these allegations and offer appropriate information and assistance.
There are many different types of bankruptcy offence, which count as a criminal offence with punishment ranging from a fine and/or a prison sentence for up to seven years.
In addition, a bankruptcy restriction order can be made for a period of up to 15 years.
CRG Forensics ascertain the merits of the Prosecution’s claim and offer appropriate information and assistance.
We are also happy to undertake work in this area at Legal Aid rates.