Section 10 of the Company Director Disqualification Act 1986
Set out below in full is section 10 of the Company Director Disqualification Act 1986 setting out the general provisions relating to director provisions for participation in wrongful trading.
Participation in wrongful trading
1. Where the court makes a declaration under section 213 or 214 of the Insolvency Act 1986 that a person is liable to make a contribution to a company’s assets, then, whether or not an application for such an order is made by any person, the court may, if it thinks fit, also make a disqualification order against the person to whom the declaration relates.
2. The maximum period of disqualification under this section is 15 years.
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