Government proposes temporary insolvency law relaxation
Safe harbours, electronic signatures, hibernating debts on cards for businesses facing insolvency.
Reweti Kohere
Fri, 03 Apr 2020
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Rich List
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
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