What Is Director Disqualification?
Director Disqualification is a process whereby a person is disqualified for a specified period between 2-15 years from being a director of a company. That director, once disqualified cannot be involved in the formation, promotion or management of the company.
Rebecca Hudson, Director at Altion Law
A Disqualification can have a disastrous effect on your reputation and your ability to run your business, so it is vital that you seek legal advice at the earliest possible opportunity. Our team of expert lawyers specialise in insolvency matters, including director disqualification proceedings.
If you have received a letter from the Insolvency Service or you believe you may soon receive a letter, our team of specialists can assist you through this process. Our team can also advise you on the potential impacts on other business interests you may hold.
Success In A Director Disqualification Matter
The Insolvency Service were investigating a company director who had worked in the communications sector. The Insolvency Service alleged multiple inaccuracies in business accounts and wanted to disqualify the director for 8 years as they considered it a serious matter. The Insolvency Service had only allowed very short deadlines for responses to be given.
The director had other businesses of which he was a director and disqualification would have had serious ramifications for himself and his family.
Altion Law was instructed and obtained extension to the timescales the Insolvency Service had set to allow the client more time to provide evidence to support a defensive challenge to the allegations.
Altion Law worked with the client and obtained further evidence to support his position.
A detailed response was then provided to the Insolvency Service evidencing the client’s position and disputing the suggested disqualification.
The Insolvency Service took some time to respond, but no further questions were raised following Altion Law’s response. The Insolvency Service then clarified that they no longer intended to take any further steps to disqualify our client as a director. This was fantastic news for our client as he was then fully able to press on with his business without this matter hanging over his head.
- When Can The Court Make A Disqualification Order?
- Unfit Conduct
- The Role Of The Insolvency Service
- Director Disqualification Court Proceedings
- Breach Of A Director Disqualification Order
- How Long Does A Director Disqualification Last For?
- What Are The Effects Of A Director Disqualification Order Or Disqualification Undertaking?
- Can Disqualified Directors Manage And Run New Business?
- Acting As A Director While Disqualified
- Leave To Act As A Director While Disqualified
- What Is A Director Disqualification Undertaking?
- What Other Actions Might Be Taken?
- How To Find A Disqualified Director?
For a confidential free discussion, call us today on 01908 414990, alternatively email us at Hello@altion-law.co.uk or complete our Free Enquiry Form and we will call you back.
“I cannot be thankful enough to Rebecca and Altion Law for the service and help I received, through a very difficult time”.
