§ Lord Jenkins of Putneyasked Her Majesty's Government:
How many Directors of (a) public limited companies and (b) private limited companies have been disqualified under the provisions of the Companies Acts in each of the past five years and whether they will list the numbers falling under each of the categories of grounds for disqualification.
§ The Minister of State, Department of Trade and Industry (Lord Fraser of Carmyllie)During the last five years no individual has been disqualified from acting as a director under the provisions of the Companies Act 1985. The number of individuals disqualified from acting as a company director under the Company Directors Disqualification Act 1986 during the last five years are as follows:
17WA
1991–92 1992–93 1993–94 1994–95 1995–96 Total Section 2–5 Disqualification on conviction of an indictable offence, for persistent breaches of companies legislation, for fraud in winding-up and on summary conviction 130 178 95 128 181 712 Section 6 Disqualification of unfit directors of insolvent companies. 152 308 262 356 718 1,796 Section 8 Disqualification following investigation of companies. 6 2 15 8 3 34 Section 10 Disqualification for wrongful trading. 1 9 2 1 1 14 Total 289 497 374 493 903 2,556 The above figures are based on the latest information available. There is no breakdown as to public and private limited companies.