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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

07 NOV 2011

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! 

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