Tuesday, 5 November 2013

FAQ - Which of the three categories of disqualification period can a director expect to end up if a director disqualification order is made?


Disqualification length depends very much on the “gravity” of the offence and subjective matters such as the losses of the company, the value of creditors claims, any evidence of a deliberate intention to defraud creditors (or any other members of the public), the degree of documentary evidence in support of such allegations and any breaches of other regulations (for example financial services breaches). As a rule of thumb, allegations involving any form of dishonesty will attract the longest periods of disqualification