In company law, fraudulent trading is doing business with intent to defraud creditors. == Law == Where during the course of a winding-up, it appears to the liquidator that fraudulent trading has occurred, the liquidator may apply to the court for an order any persons who were knowingly parties to the carrying on of such business are to be made liable to make such contributions (if any) to the company's assets as the court thinks proper.
In company law, fraudulent trading is doing business with intent to defraud creditors. == Law == Where during the course of a winding-up, it appears to the liquidator that fraudulent trading has occurred, the liquidator may apply to the court for an order any persons who were knowingly parties to the carrying on of such business are to be made liable to make such contributions (if any) to the company's assets as the court thinks proper.
Source: Wikipedia "Fraudulent trading" · CC BY-SA 4.0
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