Beware of Disqualified Directors – you too could be in the firing line!

disqualified

Two directors of a scrap metal company have been disqualified for a combined 20 years for, among other things, allowing an undischarged bankrupt and already disqualified director to act as a company director.

The directors’ conduct was heavily criticised for allowing creditor and shareholder liabilities to increase but also for failing to maintain adequate controls on the company and its principals.

This case shows a move in focus on policing the disqualification regime to the directors themselves.

About Us

business

Business focused

Our values place commercial decisions at the fore. Our clients appreciate us giving straight answers and solutions for their business.

Show more Show less