HC Deb 23 December 1982 vol 34 cc643-4W
Mr. Rooker

asked the Minister for Trade if there is a limit to the number of bad debt judgments which can be made against companies before they are required to cease trading.

Dr. Vaughan

There is no statutory requirement for a company against which creditors have unsatisfied judgments to cease trading. Unpaid creditors have various legal remedies against a company including the institution of winding-up proceedings.