Tax is a part of everyday life. We all come across it in some form. Whether it’s Income Tax, Corporation Tax, Inheritance Tax, Capital Gains Tax or Stamp Duty Land Tax, at some point it is likely you have taken advice from a professional to help you...
Seth Lovis & Co Solicitors are a leading Legal 500 firm and a recognised authority in the area of Insolvency. We have a dedicated team which specialises in advising directors threatened with Director Disqualification proceedings. Call us for a free and no obligation initial phone consultation on 020 7404 6565 or alternatively, complete the contact form to the left of this page and a member of the team will contact you at your convenience.
Our expert team of insolvency and commercial lawyers have a proven track record of being able to reduce or eliminate the prospect of disqualification under the Company Directors Disqualification Act 1986 (CDDA).
Early advice is vital
A Director Disqualification can have a disastrous effect on your reputation and your ability to run your business, so it is vital that you seek legal advice at the earliest possible opportunity. Our team of expert lawyers specialise in insolvency matters, including Director Disqualification proceedings. We are experienced commercial lawyers, available to discuss your matter today.
We offer an initial no obligation consultation, at our own cost, as standard to all new clients. Where possible, we like to meet clients face to face to get a better understanding of your individual circumstances, which enables us to provide the best possible solution for your specific needs, including procedures, timeframes and likely costs. We are happy to arrange an initial telephone consultation should you be unable to travel to our offices in central London. We will endeavour to answer any specific queries you may have and discuss the most appropriate way to take your matter(s) forward.
The Company Directors Disqualification Act 1986 forms part of UK company law and sets out the procedures for company directors to be disqualified in certain cases of serious misconduct.
If you are disqualified you will not be able to be a director of any company registered in the UK or an overseas company with connections to the UK.
You may be disqualified for up to 15 years.
How Director Disqualification works
For many directors, the first knowledge they may have that there is a threat of disqualification will be when he/she receives a letter from The Insolvency Service, seeking answers to questions about a previous failed company. These can sometimes be in the form of a formal questionnaire.
The Insolvency Service may investigate your company, or you personally as a director of the company in question, if it is involved in insolvency proceedings or if there has been a registered complaint made against you for unfit conduct.
If The Insolvency Service believes you have acted improperly and have not followed your legal responsibilities as a director, they will outline the following in writing:
- What they believe you have done that makes you unfit to be a director
- They intend to start the disqualification process
- How you can respond
We recommend you seek legal advice at this point.
In our experience, directors who choose to respond to The Insolvency Service themselves, without having considered legal advice, can often (unbeknown to them at the time) have a detrimental effect on their case.
How we can help
We can help you in a number of ways, including:
- Defeating proceedings brought under the CDDA 1986
- Reduce the impact of a Disqualification Order or Disqualification Undertaking
- Apply to seek to remain as a director of multiple companies under section 17 of the CDDA 1986
It is vital you contact solicitors with the necessary experience and expertise in this complex area of law. Call us today on 020 7404 6565 so we can advise you on your matter.
We offer all clients a free initial consultation during which we can acquire a detailed understanding of the full background of your situation and assess the prospects of successfully defending the action. Depending upon the particular factors in your case and your position towards litigation, other strategies can be explored, such as offering an undertaking not to act as a Director.
Contact us today so we can offer advice on the courses of action available to you.
Why Instruct Seth Lovis & Co?
- We are experts in Insolvency with a wealth of experience in Director Disqualification proceedings
- Our insolvency litigation solicitors are knowledgeable, personable, approachable and on your side
- We offer various funding options, from normal hourly rates to fixed fees
- We are located in Bloomsbury, minutes from the Royal Courts of Justice and within easy reach of the inner London County Courts.
Act now to maximise your options
If you require information or assistance or have been threatened with proceedings under the CDDA, please contact our expert team as soon as possible.
Call us on 020 7404 6565, email us at email@example.com or submit an online form to the left of this page and a member of our Director Disqualification team will contact you to discuss your enquiry in more detail.
For further reading on Director Disqualification matters, click here.