Tuesday, 5 November 2013

FAQ - How long does a director disqualification order last for?

Director Disqualification has three distinct bands:

(i)            A lower category of 2-5 years.

This largely relates to reckless or negligent conduct as a director in breach of his director responsibilities.

(ii)           A mid category of 6-10 years.

This is classed as serious, and relates to conduct which is more directly prejudicial to the public interest.

(iii)          The highest category of 11-15 years.

This conduct is the most serious and generally relates to fraudulent or otherwise serious (sometimes criminal) behaviour.