Government proposes temporary insolvency law relaxation
Safe harbours, electronic signatures, hibernating debts on cards for businesses facing insolvency.
Reweti Kohere
Fri, 03 Apr 2020
The government will look to amend the Companies Act to give directors a safe harbour from current reckless trading duties amid a suite of temporary changes as businesses face insolvency due to the Covid-19 pandemic.
Finance Minister Grant Robertson said legislation would be introduced to give
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Reweti Kohere
Fri, 03 Apr 2020
Contact the Writer: reweti@nbr.co.nz
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Government proposes temporary insolvency law relaxation
Politics,
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