CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 33 Topic 4 Discussion

CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 33 Topic 4 Discussion

BA4 Exam Topic 4 Question 33 Discussion:
Question #: 33
Topic #: 4

Paul has been held personally liable to contribute to the assets of P Ltd as a result of his "fraudulent trading" under Section 213 of the Insolvency Act 1986. The court is about to disqualify Paul from acting as a director. What is the maximum period for which he may be disqualified?


A.

No maximum.


B.

5 years.


C.

10 years.      


D.

15 years.


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