A director caused more than £250,000 of stock to be transferred from a failing company to another business of which he was also a director.
The move, by Christopher Lister, of GMS Stone Supplies Ltd, meant creditors, including the HMRC, who were owed more than £170,000, lost out when the company was liquidated.
Mr Lister, 51, from Halifax, has been disqualified from being a company director for three and a half years for causing a preference transaction to a connected company, following a Disqualification Order by Leeds County Court.
It prevents him from becoming involved in the promotion, formation or management of a company until July 2019.
The Insolvency Ser…
Read the full article at: http://www.brighouseecho.co.uk/news/local/director-ban-set-in-stone-after-insolvency-investigation-1-7717195