News Formal

Emergency measure extended to ensure companies are not wound up over €10,000 debts

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

España Noticias Noticias

España Últimas Noticias,España Titulares

The single threshold of €50,000 introduced in August 2020 has been extended for another year, to 31 December 2023

The government has extended a Covid move to ensure businesses are not wound up over “relatively small” debts.

Previously, under the Companies Act 2014 creditors could issue a statutory demand for €10,000 for individual debts, and €20,000 for aggregate debts. If the company in debt was then unable to repay, it could be pursued through the courts, and result in a winding up order.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 8. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Emergency measure extended to ensure companies are not wound up over €10,000 debtsThe single threshold of €50,000 introduced in August 2020 has been extended for another year, to 31 December 2023
Fuente: businessposthq - 🏆 8. / 71 Leer más »