Director Disqualification

Director disqualification – Introduction If you have received a Section 16 letter, or you’re worried about director disqualification, what you do in the next few days can make a real difference to your career and your reputation. Being disqualified can damage your reputation, affect your livelihood, and prevent you from holding positions of responsibility for […]

On 12 May 2021 the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill (“the Bill”) had its first reading in the House of Commons and has now been published.  This will be an interesting addition to the disqualification regime. The main changes to the Company Directors Disqualification Act 1986 (“the Act”) will be as follows: Section 6

What will happen if somebody finds out that I have been running a company whilst disqualified? From time to time, my colleagues in our specialist director disqualification department will receive a new enquiry and the prospective client will ask:   “What would happen to me if the Secretary of State found out that I was running a company

If you’ve received a Section 16 letter, it means your conduct as a director has been investigated by the Insolvency Service working on behalf of the Secretary of State, and they obviously think there’s a case to answer. It will be headed something like: ‘This is a letter pursuant to Section 16 of the Company

If you are a director of a limited company, you have a legal responsibility to be competent and honest. Businesses, consumers, and the Insolvency Service, rightly expect you to: Supply goods and services that have been paid for Keep proper company accounting records Send regular accounts and returns to Companies House Pay any tax your

When you’re dealing with director disqualification, it’s important to use a solicitor who specialises in the subject. Don’t try to do it yourself, or things could go even more horribly wrong. But how do you decide which are the best director disqualification solicitors to appoint? This article explores some of the things you should consider before you

What is meant by director disqualification? A disqualification order is made under the Company Directors Disqualification Act 1986 by the Court. The Act applies to a person who has been formally appointed as a director and so to someone who has carried out the functions of a director and to shadow directors. What is a