HC Deb 17 January 1989 vol 145 c105W
Mr. Chris Smith

To ask the Chancellor of the Duchy of Lancaster how many prosecutions have been brought against companies for wrongful trading under the Insolvency Act 1986; if he will list the companies concerned; and how many of these prosecutions have(a) been completed and (b) resulted in conviction.

Mr. Atkins

Wrongful trading is not a criminal offence under the Insolvency Act 1986. It is a civil remedy available to the liquidator of a company in insolvent liquidation. My Department does not maintain records of wrongful trading actions.

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