The Insolvency Act 1986 restricts the re-use of a company name (for five years) where, in the 12 months preceding insolvency, any director or shadow director of an insolvent company is involved in the successor company.

In this article for Lexis+ UK, Jake Eddison-Cook discusses:

– Offence of re-using company name without permission.
– Who is caught by the restriction?
– Scope of restriction.
– Prohibited names.
– Exceptions to the restriction.
– The offence and sentencing.
– Personal liability.

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