Companies Act 2014 section 842

Court may make disqualification order

Section 842 sets out the grounds on which a court may make a disqualification order preventing a person from being involved in the management of a company.

• The court can disqualify a person for fraud, breach of duty, or unfitness to manage a company, where that person has acted as a promoter, officer, auditor, receiver, liquidator, or examiner
• Disqualification can also follow from persistent defaults in filing or compliance requirements, two or more offences relating to accounting records, or being a director of a company that was struck off the register
• A person already disqualified in another country may be disqualified in Ireland if the underlying conduct would have warranted a disqualification order here
• Breaches of Irish or EU competition law (the Competition Act 2002 or Treaty on the Functioning of the European Union) can also give rise to a disqualification order