Petition · past parliament
Close loop hole allowing Ltd companies to rip people off, fold and start again.
Closed
66 signatures
What the petition asks
If a sole person opens a ltd company, at present they can rip you off or lie and not be accountable as company is liable not them personally. They can close their business and walk away and start another over and over again. legalised theft. Solicitors wont take on, they know they will just fold.
Timeline
| 12 Aug 2015 | Petition opened for signatures |
| 12 Feb 2016 | Closed to new signatures |
Key facts
Signatures
66
Status
Closed
Opened
12 Aug 2015
Closed
12 Feb 2016
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Source: the official petition page. Last checked 15 Jul 2026.