1. Director disqualification
Director disqualification is the process whereby a person is disqualified, from:
- becoming a director of a company
- directly or indirectly being concerned or taking part in the promotion, formation or management of a company
without permission from the court or a licence.
The Company Directors Disqualification Act 1986 (CDDA) applies. The Insolvency Service may bring proceedings on behalf of the Secretary of State if the alleged unfit conduct falls within its remit and it is instructed (authorised) to do so.
Disqualification proceedings are a civil, not criminal, process.
Disqualification orders are made by the court. Alternatively, directors may offer to give a disqualification…