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Fraudulent Trading - Trading (offence) which is intentionally carried on by members or directors of the company to deceive creditors or any participation intended to fraud others. It is criminal offence.
Wrongful Trading - Trading (offence) which is carrying on by directors even if the winding up was inevitable and they knew or ought to have known about it. It is civil offence.
By
Gautam Pokharel
Kathmandu,
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What the Difference between Wrongful birth and wrongful death?
There is no wrongful birth. Only wrongful death.
What is Goldberg's thesis?
Goldberg's thesis is that biological differences between men and women underpin societal gender roles and differences in behavior. He argues that these differences are rooted in evolutionary biology and are responsible for various disparities between the sexes.
What are the key differences in between sitcoms of past and present?
storyline, charcter development (such as language and behavior), and relevance: popularity
What's the difference between wrongful death and murder?
The difference between the two cases is that one is considered to be an act of carelessness or negligence. The other one is the intentional act of. When it is wrongful, it is a civil case.
What is the difference between innocent misrepresentation and fraudulent misrepresentation?
the difference between fraudulent miisrepresentation and innocent misrepresentation is that innocent representation is when a statement is made with a genuine belief that it is true while fraudulent misrepresentation is a statement that is made with the knowledge that it is untrue or misleading.
What is meant by 'individual differences'?
'Individual differences' refer to variations and distinctions among people in characteristics such as personality traits, abilities, interests, and behavior. These differences can impact how individuals perceive and interact with the world around them.
What is the differences between culture traits and culture complex?
culture traits are unit of learned behavior changing from the language spoken to the tools used or to the game to play.
Differences that occur between members of a species?
Some differences that can occur between members of a species include variations in physical characteristics, behavior, and genetic makeup. These differences are often influenced by factors such as environmental conditions, geographic location, and individual experiences. They can lead to diverse adaptations within a species, contributing to its overall resilience and survival.
Differences between 1950s and now?
differences between now and then 1905s
Differences between fraud and error?
differences between errors and frauds
Which of the following properties minimizes the differences between an ideal gas and a real gas?
High temperature and low pressure minimize the differences between an ideal gas and a real gas, because at these conditions the behavior of a real gas approaches that of an ideal gas.
What is it called when sellers secretly agree to set production levels or prices?
Collusion:1. secret agreement for a fraudulent purpose; connivance; conspiracy2. (Law) a secret agreement between opponents at law in order to obtain a judicial decision for some wrongful or improper purpose [from Latin collūsiō, from collūdere to collude]collusive adjFrom: http://www.thefreedictionary.com/collusion
