13 directors duties remedies and reliefs and director disqualification aims and objectives after reading this chapter you should be able to understand common law and equitable remedies for breach of directors duties. Therefore the time span of three years post the applicability of the section is well provided to the companies and hence the question of retrospective application of the section does not arises at all in those cases where the disqualification is from november 2016. Part one general 1 application and interpretation 11 in this practice direction 1 the act means the company directors disqualification act 1986 as amended. An act to consolidate certain enactments relating to the disqualification of persons from being directors of companies and from being otherwise concerned with a companys affairs. Ii c 46 company directors disqualification act 1986 section 15 personal liability for companys debts where person acts while disqualified supplementary provisions
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