Disqualified Director is banned for a further 11 years
Sunderland based Derek Milliagn (40) was the sole director of DMNE Limited and also of Dockyard Sunderland when the Insolvency Service begun an investigation into his activities with DMNE. He had failed to deliver up any accounting records of DMNE which was in breach of both his statutory duties and a court order.
Milligan was made bankrupt in August 2015 following a creditor’s petition at court and resigned as director of Dockyard Sunderland. Subsequently, in September 2015, Derek Milligan signed a 7 year disqualification undertaking that banned him from acting as a director from October 2015 to October 2022.
Despite being banned, Milligan appointed himself a director of Dockyard Sunderland in July 2017, which had been renamed HCA Litigation Limited. He did not have the permission of the court to act as a director of HCA Litigation or to be involved in its management.
HCA Litigation’s 2017 accounts filed at Companies House in October that year were signed by Milligan and he also instructed solicitors about the lease on the trading premises. Less than a year later, Sunderland City Council learned that the company had absconded from the trading premises. The resulting rent arrears led to a winding up order in May 2018.
Following an investigation by the Insolvency Service, the case was heard in Newcastle County Court on 14 September 2021, where Derek Milligan was disqualified for a further 11 years.
The new disqualification order prevents Derek Milligan from directly or indirectly becoming involved in the promotion, formation or management of a company without the permission of the court.
For the full story see https://www.gov.uk/government/news/additional-11-year-ban-for-disqualified-director
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