| 单词 | fraudulent trading |
| 释义 | fraudulent trading fraudulent trading the carrying on of business by a company for a fraudulent purpose or in defraud of creditors. If in the course of the winding up of a company it appears that a company as been so trad- ing, the court, on the application of the liquidator, may declare that any persons who were knowingly party to such trading are to be liable to make such contributions to the company's assets as the court may think proper. See Companies Act 1985 and Insolvency Act 1986. See also R v. Cox & Hedges [1982] 75 Cr. App. Rep. 291. |
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