What action can the court order when a director is liable for wrongful trading?

When a court finds that a director is liable for wrongful trading, it typically means that the director failed to act in the best interest of the company during a period when they knew or should have known that the company was insolvent. The court can order the director to make a contribution to the company's assets as a way to ensure that creditors are compensated for their losses resulting from the director’s inaction or inappropriate actions.

This contribution serves as a means of holding the director accountable and recovering some of the funds that might help improve the financial situation of the company's creditors. It emphasizes the importance of directors exercising their duties responsibly and looking after the welfare of the company and its stakeholders.

Other potential consequences in this scenario, such as dismissal, fines, or imprisonment, could occur under different circumstances or for different types of misconduct, but the specific redress for wrongful trading focuses on the restoration to the company's asset pool, which supports the financial recovery of an insolvent company.