It can take years of hard work to build a successful business, and so exiting that business can be a very difficult decision for an owner to make. For others who have an exit strategy in place finding a buyer may be difficult, particularly in certain...
Company directors who don’t meet their directors’ responsibilities and duties can be disqualified (banned) for up to 15 years.
This means you can’t start, market or run a company or be a director of any UK-registered company or an overseas company with UK interests. Breaching the disqualification terms could also result in a fine or imprisonment.
If you have been reported or are being investigated for being an “unfit” director, our team of commercial lawyers are there to help. You can get advice and support by phoning 0203 816 9303 or completing the online enquiry form.