Monday, May 18, 2020

Company Directors Of The United Kingdom Annotated...

DISQUALIFICATION OF COMPANY DIRECTORS IN THE UNITED KINGDOM ANNOTATED BIBLIOGRAPHY 1. Newspaper Article Blitz R, ‘Former Rangers FC owner banned as director’ Financial Times (London, 30 September 2014) accessed 14 November 2016 This newspaper article brings out a good practical example of the law of disqualification of directors in the United Kingdom. Craig Whyte has been disqualified from being a director for 15 years; the maximum number of years a director can be disqualified, because he failed to avoid conflict of interest. The article sets out details of his offenses which include failure to consult other directors on business decisions, making the club enter into a deal which made it fund its own shares, avoid tax obligations and lastly failed to disclose that he was already banned from being a director for 7 years in the year 2000. However, the exact sections of the law under which he is convicted are not mentioned. 2. Domestic Legislation (United Kingdom) (a) Company Directors Disqualification Act 1986 Before the Company Directors Disqualification Act 1986 (hereafter referred to as the CDDA 1986), the United Kingdom had two pieces of legislation that contained provisions on the disqualification of directors namely the Insolvency Act of 1985 and the Companies Act of 1985. However, these provisions were consolidated in to one central act namely the CDDA in 1986. This Act lays down the grounds of disqualification of directors such as general misconduct,Show MoreRelatedEssay on Team Leadership4542 Words   |  19 Pages Prepared by: Anthony Gunther Student Number: 5014570 Prepared For: Bernadette Lynch Date Submitted: 04/10/11 Extension Granted: Yes TABLE OF CONTENTS Annotated Bibliography 5 Reflective Paper 1 8 Reflective Paper 2 12 Reflective Paper 3 16 1. 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