What is prohibited for a disqualified director?

Published by a LexisNexis Restructuring & Insolvency expert
Practice notes

What is prohibited for a disqualified director?

Published by a LexisNexis Restructuring & Insolvency expert

Practice notes
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How can a director be disqualified?

There are many ways in which a director may be disqualified, from the various sections under the Company Directors Disqualification Act 1986 (CDDA 1986) to the Insolvency Act 1986 (IA 1986) disqualifications, including disqualification as a bankrupt and under a bankruptcy restrictions order (BRO) or undertaking (BRU). For further reading, see Practice Notes:

  1. Practice Note: How can a director be disqualified as a company director?

  2. Bankruptcy restrictions orders and undertakings—overview

It is not intended in this Practice Note to consider all restrictions imposed by a BRO, BRU or bankruptcy. For full details of these, see separate Practice Note: Effect and duration of bankruptcy restrictions orders (BROs).

This Practice Note covers restrictions imposed from a disqualification under CDDA 1986, s 6.

This Practice Note does not cover the restrictions imposed by IA 1986, s 216 concerning prohibited names. For further reading on these restrictions, see Practice Note: Prohibited names under section 216 of the Insolvency Act 1986.

Restrictions arising from disqualification under the CDDA 1986

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Jurisdiction(s):
United Kingdom
Key definition:
Directors definition
What does Directors mean?

A director of a company is responsible for the day-to-day management of that company. The directors make decisions on behalf of the company in order that it can carry on its business.

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