if company trades before the certificate is issued the directors are personally liable if the company defaults within 21 days of due date
mike in this statement company defaults within 21 days of due date means please explain this statement
trading certificate
11y ago#1A supplier to the public company, after incorporation but before the company has been given its trading certificate, has now asked for payment. The company doesn't pay within 21 days so the supplier can hold the directors personally responsible
thanks mike
11y ago#3You're welcome