• What is an unreasonable director-related transfer?

    An unreasonable director-related transfer is a transaction that meets these three criteria:

    • The transaction involves the company making a payment, selling an asset, issuing securities or taking on a debt
    • The transaction is done for the benefit of a company director or a close associate
    • The transaction isn’t in the company’s best interests

    This transaction was made by a company before it is placed into insolvent liquidation.

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