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Company Directors

Volume 177: debated on Monday 15 October 1990

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To ask the Secretary of State for Trade and Industry whether he will introduce legislation to enable him to disqualify, as a director or a shareholder, any director or owner of a private company found guilty of criminal malpractice.

No. The Company Directors Disqualification Act 1986 already provides wide powers allowing the courts to disqualify, where appropriate, a person as director of a company and from being concerned, whether directly or indirectly, in management of a company, whether private of public.