Obligations of directors of enterprise group companies in the period approaching insolvency

1. This section builds upon recommendations 255 to 266 of section one, which address the obligations of directors of an individual company in the period approaching insolvency. Focusing on the nature of the obligations and the steps that might be taken to discharge those obligations (as established in recommendations 255 and 256), this section proposes how those recommendations could be adapted for application to directors14 in the context of enterprise group. Recommendations 257 to 266 of section one continue to apply in the enterprise group context, however cross- references in those recommendations to recommendations 255 and 256 should be read for the purposes of this section as references to recommendations 267 and 268 contained in this section.

Sustainable Development Goals:

Decent Work and Economic Growth

Peace, Justice and Strong Institutions