Tuesday, 15 October 2013

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

If a director disqualification order is made, a person, cannot, without leave of the court:

(i) be a director of a company;

(ii) be concerned in any way whether directly or indirectly in the promotion formation or management of a company;

(iii) be a liquidator or administrator of a company;

(iv) be a receiver or manager of a company’s property.