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Guidance

Director disqualification: a guide to compensation orders

Compensation orders aim to make directors who are subject to a disqualification order or undertaking financially account for the consequences of their unfit conduct.

Updates to this page

From:
The Insolvency Service
Published:
9 November 2017
Last updated:
24 January 2024
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  1. New document content added regarding publicity and disclosure of compensation orders and undertakings

  2. Section 1. Updated due to new powers to investigate dissolved companies

  3. First published.

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Director disqualification: a guide to compensation orders

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The Insolvency Service can apply to the court for a compensation order on behalf of the Secretary of State for Business and Trade. The court can make a compensation order if the director is subject to a disqualification order or undertaking and their conduct has caused a quantifiable loss to one or more creditors of an insolvent or dissolved company.

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