Summary

Company director's application rejected that proceedings under the Company Directors Disqualification Act 1986 against him be stayed in consideration of his undertakings.

Facts

Company director's appeal from the decision of Rattee J that company directors disqualification proceedings against him would not be stayed against his undertakings which the Secretary of State for Trade and Industry had refused to accept.

Held

The secretary of state had served evidence of serious misconduct on the part of the appellant. The court agreed with the view expressed by Ferris J in In re Carecraft Construction Co Ltd (1994) 1 WLR 172, 181 that in disqualification proceedings there was no scope for the parties to reach an agreement and then ask the court to embody their agreement in a consent order.

Appeal dismissed.