In what circumstances can a court make a disqualification order against a director of a company?

• If the director has failed to acquire the share qualification as prescribed the articles of association of the company.
• It the director has not attained the age of 21.
• If the director is insolvent or has been declared bankrupt.
• If the director has become of unsound mind.
• If the director has absented himself from directors meetings held on over 6 months.
• If the court is satisfied that the director:
 Has been convicted of any offence in connection with the promotion formation or management of a company.

In the course of winding up a company it appears that he has been guilty of any offence for which he is liable (whether convicted or not) or
 He has been guilty of fraud in relation to the company or breach of duty to the company.

(Visited 86 times, 1 visits today)
Share this on:

Leave a Reply

Your email address will not be published. Required fields are marked *