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URGENT: Changes affecting Insolvency Practitioners and Directors from today

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As from today Regulations have introduced the key provisions of the Small Business, Enterprise and Employment Act 2015 (“the Act”) as regards its affect on Directors and Insolvency Practitioners.  This introduces very...

FAQ - Does agreeing to a director disqualification undertaking open that person up to other potential claims?

Andy Wilks
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  • Author

The disqualification order or (if a person voluntarily enter into it) undertaking is only there to deal with the disqualification claim. If there are other claims which may be bought against a person in respect of the liquidated company,...

FAQ - What is the effect of a director disqualification order?

Andy Wilks
  • Posted
  • Author

If a director disqualification order is made, a person, cannot, without leave of the court: Be a director of a company; Be concerned in any way whether directly or indirectly in the promotion formation or management of a company; Be...