(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.
Textual Amendments
F1Words in s. 10(1) inserted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), Sch. 1 para. 85(6)(a) (with art. 10)
Modifications etc. (not altering text)
C1Ss. 9, 10 extended (with modifications) by S.I. 1986/2142, art. 6
C2Ss. 9, 10 extended (with modifications) (1.7.1989) by S.I. 1989/638, regs. 20, 21
C3S. 10 applied (1.12.1994) by S.I. 1994/2421, art. 16, Sch. 8