Application for permission to act as a director of a company notwithstanding bankruptcy

AuthorMark Watson-Gandy
Pages113-130
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5:" Twng";048*6+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
5;" Ugevkqp"33*5+"qh"vjg"Eqorcp{"Fktgevqtu"Fkuswcnkhkecvkqp"Cev"3;:80"
62" Twng";049"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
33:" Personal Insolvency Practice"
"
Dqvj" vjg" Qhhkekcn" Tgegkxgt" cpf" vjg" vtwuvgg" oc{" crrgct"qp" vjg" jgctkpi" qh" vjg"
crrnkecvkqp"cpf"oc{"ocmg"tgrtgugpvcvkqpu"cpf"etquu"gzcokpg"vjg"dcpmtwrv063"
"
Vjg"Qhhkekcn"Tgegkxgt"ku" tgswktgf"vq"cvvgpf"kh" jg"ku"qh"vjg" xkgy"vjcv"kv"ku"eqpvtct{"
vq"vjg"rwdnke"kpvgtguv"vjcv"vjg"crrnkecvkqp"dg"itcpvgf064"
MG["OCVGTKCNU"
Ugevkqp"33"qh"vjg"Eqorcp{"Fktgevqtu"Fkuswcnkhkecvkqp"Cev"3;:8"
33" Wpfkuejctigf"dcpmtwrvu"
*3+" Kv"ku" cp"qhhgpeg" hqt"c" rgtuqp"vq"cev" cu"fktgevqt" qh"c" eqorcp{"qt" fktgevn{"qt"
kpfktgevn{" vq" vcmg"r ctv" kp"qt" dg" eqpegtpgf" kp" vjg" rtqoqvkqp." hqtocvkqp" qt"
ocpcigogpv"qh"c" eqorcp{."ykvjqwv" vjg"ngcxg"qh" vjg"eqwtv."cv" c"vkog" yjgp"
cp{"qh"vjg"ektewouvcpegu"ogpvkqpgf"kp"uwdugevkqp"*4+"crrn{"vq"vjg"rgtuqp0"
*4+" Vjg"ektewouvcpegu"ctgÏ"
"
*c+" vjg"rgtuqp"ku"cp"wpfkuejctigf"dcpmtwrvÏ"
"
*k+" kp"Gpincpf"cpf"Ycngu"qt"Ueqvncpf."qt"
*kk+" kp"Pqtvjgtp"Ktgncpf."
"
*d+" c"dcpmtwrve{"tguvtkevkqpu"qtfgt"qt"wpfgtvcmkpi"ku"kp" hqteg"kp"tgurgev"qh"
vjg"rgtuqp"wpfgtÏ"
"
*k+" vjg" Dcpmtwrve{" *Ueqvncpf+" Cev" 3;:7"qt" 4238"qt" vjg" Kpuqnxgpe{"
Cev"3;:8."qt"
*kk+" vjg"Kpuqnxgpe{"*Pqtvjgtp"Ktgncpf+"Qtfgt"3;:;."
"
*e+" c"fgdv"tgnkgh" tguvtkevkqpu"qtfgt" qt"wpfgtvcmkpi" ku"kp"hqteg"kp"tgurgev"qh"
vjg"rgtuqp"wpfgtÏ"
"
*k+" vjg"Kpuqnxgpe{"Cev"3;:8."qt"
*kk+" vjg"Kpuqnxgpe{"*Pqtvjgtp"Ktgncpf+"Qtfgt"3;:;."
"
*f+" c"oqtcvqtkwo"rgtkqf"wpfgt"c"fgdv"tgnkgh"qtfgt"crrnkgu"kp"tgncvkqp"vq"vjg"
rgtuqp"wpfgtÏ"
"
*k+" vjg"Kpuqnxgpe{"Cev"3;:8."qt"
*kk+" vjg"Kpuqnxgpe{"*Pqtvjgtp"Ktgncpf+"Qtfgt"3;:;0"
"
*4C+"Kp"uwdugevkqp"*3+"Òvjg"eqwtvÓ"ogcpuÏ"
"
*c+" hqt"vjg"rwtrqugu"qh"uwdugevkqp"*4+*c+*k+Ï"
"
63" Twng";048*8+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
64" Ugevkqp"33*5+"qh"vjg"Eqorcp{"Fktgevqtu"Fkuswcnkhkecvkqp"Cev"3;:80"
"Application for Permission to Act as a Director of a Company" 33;"
"
*k+" vjg"eqwtv"d{"yjkej"vjg"dcpmtwrve{"qtfgt"ycu"ocfg"qt"*kh"vjg"qtf gt"
ycu"pqv"ocfg"d{"c"eqwtv+"vjg"eqwtv"vq"yjkej"c"fgdvqt"oc{"crrgcn"
cickpuv"c"tghwucn"vq"ocmg"c"dcpmtwrve{"qtfgt."qt"
*kk+" kp" Ueqvncpf." vjg" eqwtv" d{" yjkej" ugswguvtcvkqp" qh" vjg" rgtuqpÓu"
guvcvg"ycu"cyctfgf"qt."kh"cyctfgf"qvjgt"vjcp"d{"vjg"eqwtv."vjg"
eqwtv"yjkej"yqwnf"jcxg"lwtkufkevkqp"kp"tgurgev"qh"ugswguvtcvkqp"qh"
vjg"rgtuqpÓu"guvcvg."
"
*d+" hqt"vjg"rwtrqugu"qh"uwdugevkqp"*4+*d+*k+Ï"
"
*k+" vjg"eqwtv"yjkej"ocfg"vjg"qtfgt."
*kk+" kp"Ueqvncpf." kh"vjg"qtfgt" jcu"dggp" ocfg"qvjgt" vjcp"d{" vjg"eqwtv."
vjg"eqwtv"vq"yjkej"vjg"rgtuqp"oc{"crrgcn"cickpuv"vjg"qtfgt."qt"
*kkk+" vjg" eqwtv" vq" yjkej" vjg" rgtuqp" oc{" ocmg" cp" crrnkecvkqp" hqt"
cppwnogpv"qh"vjg"wpfgtvcmkpi."
"
*e+" hqt"vjg"rwtrqugu"qh"uwdugevkqp"*4+*e+*k+Ï"
"
*k+" vjg"eqwtv"yjkej"ocfg"vjg"qtfgt."qt"
*kk+" vjg" eqwtv" vq" yjkej" vjg" rgtuqp" oc{" ocmg" cp" crrnkecvkqp" hqt"
cppwnogpv"qh"vjg"wpfgtvcmkpi."
"
*f+" hqt"vjg"rwtrqugu"qh"uwdugevkqp" *4+*f+*k+."vjg"eqwtv"vq" yjkej"vjg"rgtuqp"
yqwnf"ocmg" cp"crrnkecvkqp" wpfgt"ugevkqp"473O*3+" qh"vjg" Kpuqnxgpe{"
Cev"3;:8"*kh"vjg"rgtuqp"ygtg"fkuucvkuhkgf"cu"ogpvkqpgf"vjgtg+."
*g+" hqt" vjg" rwtrqugu" qh" rctcitcrju" *c+*kk+." *d+*kk+." *e+*kk+" cpf" *f+*kk+" qh"
uwdugevkqp"*4+."vjg"Jkij"Eqwtv"qh"Pqtvjgtp"Ktgncpf0"
"
*5+" Kp"Gpincpf"cpf"Ycngu."vjg"ngcxg"qh"vjg"eqwtv"ujcnn"pqv"dg"ikxgp"wpnguu"pqvkeg"
qh"kpvgpvkqp"vq"crrn{"hqt"kv"jcu"dggp" ugtxgf"qp"vjg"qhhkekcn"tgegkxgt="cpf"kv"ku"
vjg"ncvvgtÓu"fwv{." kh"jg"ku" qh"qrkpkqp" vjcv"kv"ku" eqpvtct{"vq"vjg" rwdnke"kpvgtguv"
vjcv" vjg" crrnkecvkqp" ujqwnf" dg" itcpvgf." vq" cvvgpf" qp" vjg" jgctkpi" qh" vjg"
crrnkecvkqp"cpf"qrrqug"kv0"
*6+" Kp"vjku" ugevkqp" Òeqorcp{Ó"kpenwfgu" c" eqorcp{" kpeqtrqtcvgf"qwvukfg" Itgcv"
Dtkvckp"vjcv"jcu"cp"guvcdnkujgf"rnceg"qh"dwukpguu"kp"Itgcv"Dtkvckp0"
Twngu";047Î;049"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf""
Ycngu+"Twngu"4238"
Crrnkecvkqp"hqt" rgtokuukqp" wpfgt" vjg" Eqorcp{" Fktgevqtu" Fkuswcnkhkecvkqp"
Cev"3;:8"
;0470Ï*3+"Vjku"twng"tgncvgu"vq" cp"crrnkecvkqp"hqt" rgtokuukqp"wpfgt"ugevkqp"33" qh"
vjg"Eqorcp{"Fktgevqtu"Fkuswcnkhkecvkqp"Cev"3;:8."vq"cev"cu"fktgevqt"qh."qt"vq"
vcmg"rctv"qt"dg" eqpegtpgf"kp"vjg"rtqoqvkqp." hqtocvkqp"qt"ocpcigogpv"qh" c"
eqorcp{"d{"c"rgtuqpÏ""
"
*c+" kp" tgncvkqp" vq" yjqo" c" oqtcvqtkwo" rgtkqf" wpfgt" c" fgdv" tgnkgh"qtfgt"
crrnkgu="qt"
342" Personal Insolvency Practice"
"
*d+" kp"tgncvkqp"vq"yjqo"c"fgdv"tgnkgh"tguvtkevkqpu"qtfgt"qt"wpfgtvcmkpi"ku"kp"
hqteg0"
"
*4+" Vjg" crrnkecvkqp" owuv" dg" uwrrqtvgf" d{" c" ykvpguu" uvcvgogpv" y jkej" owuv"
eqpvckp"kfgpvkhkecvkqp"fgvcknu"hqt"vjg"eqorcp{"cpf"urgekh{Ï""
"
*c+" vjg"pcvwtg"qh"kvu"dwukpguu"qt"kpvgpfgf"dwukpguu."cpf"vjg"rnceg"qt"rncegu"
yjgtg"vjcv"dwukpguu"ku."qt"ku"vq"dg."ecttkgf"qp="
*d+" kp"vjg"ecug"qh"c"eqorcp{"yjkej"jcu"pqv"{gv"dggp"kpeqtrqtcvgf."yjgvjgt"
kv"ku."qt"ku"vq"dg."c"rtkxcvg"qt"c"rwdnke"eqorcp{="
*e+" vjg" rgtuqpu" yjq" ctg." qt" ctg" vq" dg." rtkpekrcnn{" tgurqpukdng" hqt" vjg"
eqpfwev"qh"kvu"chhcktu"*yjgvjgt"cu"fktgevqtu."ujcfqy"fktgevqtu."ocpci gtu "
qt"qvjgtykug+="
*f+" vjg" ocppgt" cpf" ecrcekv{" kp" yjkej" vjg" crrnkecpv" hqt" rgtokuukqp"
rtqrqugu"vq"vcmg"rctv"qt"dg"eqpegtpgf"kp"vjg"rtqoqvkqp"qt"hqtocvkqp"qh"
vjg"eqorcp{"qt."cu"vjg"ecug"oc{"dg."kvu"ocpcigogpv="cpf"
*g+" vjg" goqnwogpvu" cpf" qvjgt" dgpghkvu" vq" dg" qdvckpgf" d{" xktvwg"qh" vjg"
ocvvgtu"tghgttgf"vq"kp"rctcitcrj"*f+0"
"
*5+" Vjg" eqwtv" owuv" hkz" c" xgpwg" hqt" vjg" jgctkpi" qh" vjg" crrnkecvkqp." cpf" owuv"
fgnkxgt"c"pqvkeg"vq"vjg"crrnkecpv"hqt"rgtokuukqp"ceeqtfkpin{0""
"
Tgrqtv"qh"qhhkekcn"tgegkxgt"
;0480Ï*3+"Vjg"crrnkecpv" hqt"rgtokuukqp" owuv." pqv"nguu" vjcp" 4:"fc{u" dghqtg"vjg"
fcvg"hkzgf"hqt"vjg"jgctkpi."fgnkxgt"vq"vjg"qhhkekcn"tgegkxgt."pqvkeg"qh"vjg"xgpwg."
ceeqorcpkgf"d{"eqrkgu" qh"vjg" crrnkecvkqp"cpf"vjg" ykvpguu"uvcvgogpv"wpfgt"
twng";0470""
*4+" Vjg"qhhkekcn"tgegkxgt"oc{."pqv"nguu"vjcp"36"fc{u"dghqtg"vjg"fcvg"hkzgf"hqt"vjg"
jgctkpi."hkng"ykvj"vjg"eqwtv"c"tgrqtv"qh"cp{"ocvvgtu"yjkej"vjg"qhhkekcn"tgegkxgt"
eqpukfgtu"qwijv"vq"dg"ftcyp"vq"vjg"eqwtvÓu"cvvgpvkqp0""
*5+" C"eqr{"qh" vjg"tgrqtv" owuv"dg"fgnkxgtgf" d{"vjg" qhhkekcn"tgegkxgt."cu" uqqp"cu"
tgcuqpcdn{"rtcevkecdng"chvgt"kv"ku"hkngf."vq"vjg"crrnkecpv"hqt"rgtokuukqp0""
*6+" Vjg"crrnkecpv"hqt" rgtokuukqp"oc{."pqv" ncvgt"vjcp" hkxg"dwukpguu"fc{u" dghqtg"
vjg"fcvg"qh"vjg"jgctkpi."hkng"ykvj"vjg"eqwtv"c"pqvkeg"urgekh{kpi"cp{"uvcvgogpvu"
kp"vjg"qhhkekcn"tgegkxgtÓu"tgrqtv"yjkej"ctg"vq"dg"fgpkgf"qt"fkurwvgf0""
*7+" Kh"c" pqvkeg" ku"hkngf" wpfgt"rctcitcrj" *6+." vjg"crrnkecpv" hqt"rgtokuukqp"owuv"
fgnkxgt"eqrkgu"qh"kv." pqv"nguu"vjcp"vjtgg" dwukpguu"fc{u"dghqtg"vjg"fcvg" qh"vjg"
jgctkpi."vq"vjg"qhhkekcn"tgegkxgt0""
*8+" Vjg"qhhkekcn"tgegkxgt"oc{"crrgct"qp"vjg"jgctkpi"qh"vjg"crrnkecvkqp."cpf"oc{"
ocmg"tgrtgugpvcvkqpu"cpf"rwv"vq"vjg"crrnkecpv"hqt"rgtokuukqp"uwej"swguvkqpu"
cu"vjg"eqwtv"oc{"cnnqy0""
"
EqwtvÓu"qtfgt"qp"crrnkecvkqp"
;0490Ï*3+"Kh"vjg"eqwtv" itcpvu"vjg"crrnkecvkqp" hqt"rgtokuukqp"wpfgt" ugevkqp"33"qh"
vjg"Eqorcp{" Fktgevqtu" Fkuswcnkhkecvkqp" Cev" 3;:8." kvu" qtfgt" owuv" urgekh{"
vjcv"yjkej"d{"xktvwg"qh"vjg"qtfgt"vjg"crrnkecpv"jcu"rgtokuukqp"vq"fq0""
*4+" Vjg"eqwtv"oc{"cv"vjg"ucog"vkog."jcxkpi"tgictf"vq"cp{"tgrtgugpvcvkqpu"ocfg"
d{"vjg"qhhkekcn"tgegkxgt"qp"vjg"jgctkpi"qh"vjg"crrnkecvkqp."gzgtekug"kp"tgncvkqp"
"Application for Permission to Act as a Director of a Company" 343"
"
vq"vjg"oqtcvqtkwo"rgtkqf"qt" vjg"fgdv"tgnkgh"qtfgt"vq"yjkej" vjg"crrnkecpv"hqt"
rgtokuukqp"ku"uwdlgev."cp{"rqygt"yjkej"kv"jcu"wpfgt"ugevkqp"473O0""
*5+" Yjgvjgt" qt" pqv" vjg" crrnkecvkqp" ku" itcpvgf." eqrkgu" qh" vjg" qtfgt" owuv" dg"
fgnkxgtgf"d{"vjg"eqwtv"vq"vjg"crrnkecpv"cpf"vjg"qhhkekcn"tgegkxgt0""
"
""
344" Personal Insolvency Practice"
"
:03" CRRNKECVKQP"HQT"RGTOKUUKQP"WPFGT"
UGEVKQP"33"QH"VJG"EQORCP["FKTGEVQTU"
FKUSWCNKHKECVKQP"CEV"3;:8"
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 
 
"
346" Personal Insolvency Practice"
"
















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


"Application for Permission to Act as a Director of a Company" 347"
"
:04" FTCHV"QTFGT"HQT"RGTOKUUKQP"WPFGT"
UGEVKQP"33"QH"VJG"EQORCP["FKTGEVQTU"
FKUSWCNKHKECVKQP"CEV"3;:8"
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
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
 

 

348" Personal Insolvency Practice"
"









 

 
 

 



 
 


"Application for Permission to Act as a Director of a Company" 349"
"
:05" YKVPGUU"UVCVGOGPV"KP"UWRRQTV"QH"CP"
CRRNKECVKQP"HQT"RGTOKUUKQP"WPFGT"
UGEVKQP"33"QH"VJG"EQORCP["FKTGEVQTU"
FKUSWCNKHKECVKQP"CEV"3;:8"



















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
 
 


 

 





 


34:" Personal Insolvency Practice"
"
 



 


 
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
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 
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

 
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
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

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
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 
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
 
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 
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"Application for Permission to Act as a Director of a Company" 34;"
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 



 
352" Personal Insolvency Practice"
"









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