CCFC Ltd (in admin) Directors Liability (1 Viewer)

[SkyBlueBlood]

ACL have alluded to the fact that assets have been moved from CCFC Ltd to another company prior to putting CCFC Ltd into administration without advising anyone.

Does this put the remaining directors of CCFC Ltd under liability for sharp practice (mind that would be a first for SISU);

http://www.icaew.com/en/library/sub...an-be-personally-liable-on-company-insolvency

 

---

[CJparker]

I hope so - personal prosecutions are probably the way forward now.

 

[torchomatic]

And death by firing squad?

I hope so - personal prosecutions are probably the way forward now.

 

[wingy]

And death by firing squad?

I like the Idea of a public stoning myself.

 

[Diehard Si]

And death by firing squad?

Public stoning in the Ricoh. Half time entertainment. Bring your own rocks. Might improve the condition of the pitch also.

 

[SkyBlueBlood]

Could always bring back hangings by the Golden Cross

 

[Godiva]

ACL have alluded to the fact that assets have been moved from CCFC Ltd to another company prior to putting CCFC Ltd into administration without advising anyone.

Does this put the remaining directors of CCFC Ltd under liability for sharp practice (mind that would be a first for SISU);

http://www.icaew.com/en/library/sub...an-be-personally-liable-on-company-insolvency

Good question.
When did they create ARVO?
Some have said repeatedly since last summer that the rent strike is not about rent amount, but about gaining control of the stadium. (I didn't really believe it then, but could see it as a remote possibility).
If it has been sisu's plan all along, I would expect them to have moved assets around in a way that could not be challenged.
But I may be wrong.

 

[Sub]

I like the Idea of a public stoning myself.

free spliffs for everyone !! sounds good to me imp:imp:imp:imp:imp:

 

[wingy]

Could always bring back hangings by the Golden Cross

Or at Gibbet hill ,is that outside the city boundary??:facepalm:

 

[theferret]

ACL have alluded to the fact that assets have been moved from CCFC Ltd to another company prior to putting CCFC Ltd into administration without advising anyone.

Does this put the remaining directors of CCFC Ltd under liability for sharp practice (mind that would be a first for SISU);

http://www.icaew.com/en/library/sub...an-be-personally-liable-on-company-insolvency

About as sharp as a butter knife. There is a whiff of that I admit, but it is nothing they cannot bat away. I have been on the end of some razor sharp business practices - this is nothing in comparison.

 

[wingy]

Good question.
When did they create ARVO?
Some have said repeatedly since last summer that the rent strike is not about rent amount, but about gaining control of the stadium. (I didn't really believe it then, but could see it as a remote possibility).
If it has been sisu's plan all along, I would expect them to have moved assets around in a way that could not be challenged.
But I may be wrong.

does that mean at that point we had a change of Ownership?

 

[rupert_bear]

Could this be the reason why John Clarke resigned ?

 

[deanocity3]

I like the Idea of a public stoning myself.

[video=youtube;hsVAYFSEBrA]http://www.youtube.com/watch?v=hsVAYFSEBrA[/video]

 

[singers_pore]

If a court concludes that assets were taken out of the company prior to filing for bankruptcy with the intent of avoiding obligations to existing creditors (i.e., ACL), then the court can make the rest of the group liable for the debts. There are legal case precedents for this kind of situation.

So I am not sure that SISU have been very clever after all.

 

[Brighton Sky Blue]

At least fatty Clarke has been shown up for being a bare faced liar.

 

[jimmyhillsfanclub]

I've been stoned at the Ricoh on several occasions....


its the only way to get through the ordeal....