Directors’ and officers’ liability on account of own winding-up petition?

Legal news

A director wishing to file a winding-up petition for the company that they manage may only do so with the permission of the general meeting of shareholders (AGM), unless this is deviated from in the articles of association. On 19 September 2017, the ‘s-Hertogenbosch Court of Appeal gave an opinion on the question as to whether a company’s own winding-up petition, for which the AGM has given its permission, may lead to directors’ and officers’ liability on the part of the director.