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Let's be honest, it was a PR issue for him. Whether the Pensions Regulator could really have got anywhere was probably secondary to the amount of damage they could have done to him in the process of investigating. One suspects the peerage might also have been on the line.
I really just meant not a close member of the family! If they have left and they are not personally connected to the business then they could be regarded as a reasonably independent voice.
That pursuit and settlement was the Pensions Regulator, not HMRC, and nothing to do with his sale of the business but his conduct while he owned it. Selling a business does not and should not absolve you of the responsibilities your had for acting properly while you were in charge of it!
The...
Good luck! Do let us know how you get on - it would be interesting to see whether CH or HMRC are stepping up their monitoring for this sort of thing, or indeed whether your aggressive landlord makes a move to block. It will be useful intel for others weighing up the options!
I'm not sure I follow this logic tbh. At the point of insolvency/strike-off/sale, the business is in the position it's in, the Director's have done what they've done.
If there is no money left to return to creditors then there is no harm to creditors in letting a new owner do what they can to...
I think if you've got a photograph, potentially testimony of the staff member who posted the notice (and they are genuinely an independent employee), and proof that the letterbox is private, not shared, then you've got a decent shot based on the material fact of delivery.
Can you prove /...
You'd almost certainly be in breach of your duties as a Director under the Companies Act and therefore risk fines and/or disqualification.
You might get lucky but your description of the landlord doesn't sound like someone who's going to just shrug it off and let you close the company.
Per...
There's nothing sinister here. Any indebted company has a chance, albeit a small one, of having its debts written off and remaining active. For an individual owner/manager who wants to pursue other ventures (like me) the chance is small enough and the potential pain high enough that it's not...
Short answers:
Almost certainly X is liable if the lease is in its name.
Certainly X can write off what Y owes it as bad debt but not sure how that helps X since it still owes what it owes, nor Y since you said it has other debts
WRT your plan, I sense danger here. If X and Y have any element...
I've literally never hear of a personal guarantee for a normal business phone line so I think you'll be fine.
BTW I'm new here too and still hoping to get my first 'thumbs up' in case you're feeling generous. Thanks!! :)
The more cash you leave in the business, the more likely they are to find 'things to investigate'. It's all about billing to them I'm afraid. One of the reasons I side-stepped the whole thing, sold my ltd co (debts and all), resigned as director and started up again clean.
Are they sending YOU letters or sending the business letters?
If the letter is addressed to the company, and the company is indeed dissolved (check Companies House), I would advise you don't even open and simply Return to Sender.