Commentary on Sections Director disqualification: other amendments Section 108: Unfit directors of insolvent companies: extension of period for applying for disqualification order
695.This section amends section 7 of the CDDA 1986 to increase the period of time within which the Secretary of State or official receiver on direction by the Secretary of State may apply to the court for disqualification of an unfit director of an insolvent company from two to three years from the date that company became insolvent.