IS "letting serious cases go" and new BIS document on the Effects of a Disqualification Order
At the same time that the Daily Telegraph is reporting that the Insolvency Service (IS) is "letting serious cases go" BIS have published a new document that outlines the Effects of a Disqualification Order. As BIS note the document, "Explains what happens when a court has made a disqualification order or you have given a disqualification undertaking to the Secretary of State, which has been accepted. It does not give a complete list of everything you must and must not do, nor does it give you legal advice."
I was once told an anecdote by an ex-OR that a disqualified director from East Anglia thought the disqualification also extended to their driving activity! This document will hopefully ensure that such misunderstanding do not happen in the future!
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...