2 ms·
It's not insolvency. The bank account is still a company asset, even if slightly less liquid.
by jboles 9y ago
It's not insolvency. The bank account is still a company asset, even if slightly less liquid.
- dx034 9y agoIt can still mean insolvency. If your clients delay paying their bills you can also be forced to declare insolvency. Even if the clients will definitely pay and cannot be insolvent themselves (e.g. government).