Directors' Disqualification & Bankruptcy Restrictions
The Insolvency Act 2000 and the Enterprise Act 2002 have significantly changed and extended the law of directors' disqualification. In addition, the Enterprise Act has introduced a regime of bankruptcy restrictions, modelled on the directors' disqualification regime, applying to bankrupts who have been irresponsible, reckless or otherwise culpable. This new edition presents an up to date picture of the law and practice relating to directors' disqualification under the Company Directors' Disqualification Act 1986 and the bankruptcy restrictions regime established by the Enterprise Act 2002. It addresses the nature, purpose, and legal effects of the disqualification and bankruptcy restrictions regimes and provides a detailed account of the circumstances in which the courts will disqualify or impose bankruptcy restrictions.
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