Section 11 of the Company Director Disqualification Act 1986
Set out below in full is section 11 of the Company Director Disqualification Act 1986 setting out the general provisions relating to undischarged bankrupts.
1. It is an offence for a person to act as director of a company or directly or indirectly to take part in or be concerned in the promotion, formation or management of a company, without the leave of the court, at a time when:
- he is an undischarged bankrupt,
- a moratorium period under a debt relief order applies in relation to him, or
- a bankruptcy restrictions order or a debt relief restrictions order is in force in respect of him.
2. “The court” for this purpose is the court by which the person was adjudged bankrupt or, in Scotland, sequestration of his estates was awarded.
3. In England and Wales, the leave of the court shall not be given unless notice of intention to apply for it has been served on the official receiver; and it is the latter’s duty, if he is of opinion that it is contrary to the public interest that the application should be granted, to attend on the hearing of the application and oppose it.
4. In this section “company” includes a company incorporated outside Great Britain that has an established place of business in Great Britain.
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