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Directors banned for failing to keep books in order – Scottish Construction Now

Insolvency ServiceTwo directors of a groundworks company in the Highlands have been banned from running or controlling any furtherĀ companies after failing to properly keep their accounts in order.

Inverness Sherriff Court has handed an eight year disqualification to Donald Cameron (37), while his fellow director Steven Cameron (36) signed an undertaking agreeing not to run or control a company for seven years. Both men were directors of Highland Groundworks Limited.

The company was placed into liquidation on 28 April 2015, with £41,786 in liabilities. Following the liquidators appointment, it was discovered from 01 September 2012 to 29 December 2014 the company books and records were inadequate to:

  • verify the position with regards to assets o…

    Read the full article at: https://www.scottishconstructionnow.com/20071/directors-banned-for-failing-to-keep-books-in-order/

Category: BankruptcyBy Insolvency Advisory AccountantsJuly 10, 2017

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Directors banned for failing to keep books in order – Scottish Construction Now

Insolvency ServiceTwo directors of a groundworks company in the Highlands have been banned from running or controlling any furtherĀ companies after failing to properly keep their accounts in order.

Inverness Sherriff Court has handed an eight year disqualification to Donald Cameron (37), while his fellow director Steven Cameron (36) signed an undertaking agreeing not to run or control a company for seven years. Both men were directors of Highland Groundworks Limited.

The company was placed into liquidation on 28 April 2015, with £41,786 in liabilities. Following the liquidators appointment, it was discovered from 01 September 2012 to 29 December 2014 the company books and records were inadequate to:

  • verify the position with regards to assets o…

    Read the full article at: http://www.scottishconstructionnow.com/20071/directors-banned-for-failing-to-keep-books-in-order/

Category: BankruptcyBy Insolvency Advisory AccountantsJuly 10, 2017

Post navigation

PreviousPrevious post:IOC balks at helping Rio with Olympic debt – The Japan TimesNextNext post:Survey: Canadians Concerned About Impact of Interest Rate Hikes and Potential Housing Bubble – Benzinga

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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