question category: Bankruptcy

I am a director of two companies and one goes bust can I still be a D in the other company


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Re: I am a director of two companies and one goes bust can ...

You can still act as a Director of a limited company as long as you aren’t disqualified under the Company Directors Disqualification Act 1986. This Act says that the court can disqualify a director if the company becomes insolvent and the Directors conduct in that business has made him unfit to run it, but equally the court does not have to take this course of action.

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