Tuesday, 12 November 2013

FAQ - How long has the Secretary of State got to bring a claim against a person for director disqualification?

The Secretary of State can take 2 years from the date of insolvency to disqualify a director  – this is either the date when the company was placed into liquidation (by a winding-up order or a meeting of creditors) or the day an Administrator/Administrative Receiver was appointed.