An employee does not need two years’ service to claim an ‘automatically unfair dismissal’.
This is a group (but not a ‘Society’ – see under ‘Society’) which is charitable, or a residents’ association which has chosen not to incorporate as a company.
The management committee of the Association must address the responsibilities they have in respect of debts and liabilities. If necessary they should seek appropriate professional advice.
The management committee must also identify and act upon employment issues in accordance with employment legislation. Advice is available from the Pay and Employment Rights Service.
[See ‘Society’.]
A shareholder/member of a limited liability company will have ‘limited liability’. This is, their liability is limited to the unpaid part of any shares they hold.
A director, on the other hand, does not have limited liability if they act negligently (where they knew or ought to have known there was no reasonable possibility of avoiding insolvent Liquidation – wrongful trading) or wrongly/delinquently.