The Corporate Enforcement Authority (CEA) has recently highlighted its Information Note on circumstances leading to disqualification under the Companies Act 2014 and the associated consequences.
The Information Note outlines the two primary reasons in which the disqualification of a company director arises:
- in the context of a liquidator's report on the conduct of the directors of the insolvency companies under section 682 of the Act;
- in the context of the CEA, or others, making applications to the High Court under section 842 of the Act.
The Information Note is available to read in full
here.
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