Director disqualification rules restrict appointment for insolvency, certain convictions, unpaid share calls and filing failures. Disqualification criteria for appointment as a director include unsound mind, undischarged insolvency or pending insolvency application, conviction with imprisonment meeting statutory thresholds, court or tribunal disqualification orders, unpaid share calls after the prescribed period, conviction for related party transaction offences within the preceding five years, and non compliance with prescribed eligibility formalities. Re appointment is barred where a director served a company failing statutory filings or failing to repay deposits or redeem debentures for sustained periods, and private company articles may add further disqualifications subject to limited suspension during appeal windows.
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Director disqualification rules restrict appointment for insolvency, certain convictions, unpaid share calls and filing failures.
Disqualification criteria for appointment as a director include unsound mind, undischarged insolvency or pending insolvency application, conviction with imprisonment meeting statutory thresholds, court or tribunal disqualification orders, unpaid share calls after the prescribed period, conviction for related party transaction offences within the preceding five years, and non compliance with prescribed eligibility formalities. Re appointment is barred where a director served a company failing statutory filings or failing to repay deposits or redeem debentures for sustained periods, and private company articles may add further disqualifications subject to limited suspension during appeal windows.
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