Other cases of disqualification

10 Participation in wrongful trading.

(1)

Where the court makes a declaration under section 213 or 214 of the Insolvency Act F11986 that a person is liable to make a contribution to a company’s assets, then, whether or not an application for such an order is made by any person, the court may, if it thinks fit, also make a disqualification order against the person to whom the declaration relates.

(2)

The maximum period of disqualification under this section is 15 years.

F2(3)

In this section “company” includes overseas company.