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ARTICLE · 01 NOVEMBER 2022

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Disqualification Relief Granted To Directors

William Fry LLP
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For the first time, the Irish High Court (Court) has granted relief to two directors who had been the subject of a "deemed" disqualification order under the Companies Act 2014 (Companies Act).

IrelandCorporate/Commercial Law
Lisa Carty
Lisa Carty
Deirdre O'Donovan
Deirdre O'Donovan
Gail Nohilly
Gail Nohilly
Alexandra Drummy
Alexandra Drummy
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For the first time, the Irish High Court (Court) has granted relief to two directors who had been the subject of a "deemed" disqualification order under the Companies Act 2014 (Companies Act).   

The Facts 

The applicants were the subject of a "deemed disqualification" under section 840(2) of the Companies Act for failing to notify the Irish Companies Registration Office that they were the subject of a disqualification order under the UK Company Directors Disqualification Act 1986 (foreign disqualification). The foreign disqualification related to infringements of certain competition laws and the entry by the applicants into "competition disqualification undertakings" to the Competition and Markets Authority (CMA) in March 2021.  

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