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Coming up in the Commons: 28 June-2 July

Coming up in the Commons: 28 June-2 July
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What if East Anglian firms default on bounce back loans? | East Anglian Daily Times

What if East Anglian firms default on bounce back loans? | East Anglian Daily Times
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Coming up in the Commons: 14-18 June - UK Parliament

We’ve put together a list of highlights to keep you on top of the legislation, debates and questions coming up in the Commons. ....

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New bill targets fraudulent company dissolution

New bill targets fraudulent company dissolution
New bill targets fraudulent company dissolution
Bounce Bank Loan Scheme fraud of particular interest
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Given the speed at which the pandemic upended the UK economy, financial support was given on a ‘trust, but verify’ basis. The government has signalled it will be doing more of the latter as the UK moves into recovery.
The Ratings (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill, introduced earlier this month, will give the insolvency service the ability to investigate directors of companies which have been dissolved to determine if it was done to fraudulently avoid repayment of outstanding debt. ....

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