ONeill lettings boss disqualified – Ralph Weir banned for six years
Company Director Disqualification Order
COMPANY DIRECTORS DISQUALIFICATION ACT 1986
JOHN RALPH SYMINGTON WEIR
15 Atholl Crescent, Edinburgh EH3 8HA.
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Why was Ralph Weir disqualified? There are many reasons a company director can be disqualified, known as grounds.
Grounds for disqualification
Individual bankruptcy
Breach of Health and Safety regulations
Wrongful or fraudulent trading
Mental Health legislation
Infringement of competition rules
Persistent breach of statutory obligations
Conviction of an indictable offence connected with the promotion, formation, management or liquidation of the company.
What does eminent Judge Lord Hoffman have to say about disqualifications?
In the fourth Annual Leonard Sainer Lecture (26/11/96), Lord Hoffmann summarised the position as follows:
“So the cases under the Disqualification Act are therefore directed to a special problem, that is to say the abuse of limited liability. The points which they raise are concerned mostly with fairness under the insolvency law and the obligations of a businessman to his creditors rather than general corporate government.”
In summary, cases where directors have been disqualified under the Company Directors Disqualification Act 1986 for incompetence are extremely rare.”
http://www.purnells.co.uk/limited-company/directors-disqualification-proceedings/case-law/incompetence-or-lack-of-probity.html