7.—(1) The High Court may make a disqualification order against a person if, in the course of the winding up of a company, it appears that he—
(a)has been guilty of an offence for which he is liable (whether he has been convicted or not) under Article 451 of the Companies Order (fraudulent trading), or
(b)has otherwise been guilty, while an officer or liquidator of the company or receiver of the company’s property or administrative receiver of the company, of any fraud in relation to the company or of any breach of his duty as such officer, liquidator, receiver or administrative receiver.
(2) In this Article “officer” includes a shadow director.
(3) The maximum period of disqualification under this Article is 15 years.