If the Court determines that you should be disqualified as a director it will order that you be disqualified for a period between 2 and 15 years, depending on the severity of the admitted/proved unfit conduct. 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.
(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 serious behavior.
Disqualification commences 21 days after the Court Order is made.
If you believe you may become subject to a Disqualification Order and you would like to have a confidential discussion with a member of our team as to the implications of this, if you complete our free contact us form, we will call you back at a time that is suitable for you or you can contact us directly on 01908 414990.
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