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21/05/2002
Greyabbey couple disqualified as company directors
The High Court has disqualified a Greyabbey couple from being company directors.
At a hearing on May 16 Peter McCandless was disqualified from being a company director for six years as a result of his conduct as a director of Sefco Engineering Limited and Sefco Limited.
The Court also disqualified his wife Sandra McCandless from being a company director for two years as a result of her conduct as a director of Sefco Engineering Limited.
The cases were brought by the Insolvency Service of the Department of Enterprise, Trade and Investment under the Companies (NI) Order 1989, which seeks to protect the public and trading community from abuses of the privilege conferred by limited liability status.
Sefco Engineering Limited traded in the manufacture, installation and repair of engineering products, from premises at Blaris Industrial Estate in Lisburn. It was wound up by the High Court on March 2, 2000 with debts of £113,515.
Sefco Limited traded in the same line of business as Sefco Engineering Limited and in 1998 acquired all of the assets of Sefco Engineering Limited.
Sefco Limited was also wound up by the High Court on August 18, 2000 with estimated debts of £190,484.
(MB)
At a hearing on May 16 Peter McCandless was disqualified from being a company director for six years as a result of his conduct as a director of Sefco Engineering Limited and Sefco Limited.
The Court also disqualified his wife Sandra McCandless from being a company director for two years as a result of her conduct as a director of Sefco Engineering Limited.
The cases were brought by the Insolvency Service of the Department of Enterprise, Trade and Investment under the Companies (NI) Order 1989, which seeks to protect the public and trading community from abuses of the privilege conferred by limited liability status.
Sefco Engineering Limited traded in the manufacture, installation and repair of engineering products, from premises at Blaris Industrial Estate in Lisburn. It was wound up by the High Court on March 2, 2000 with debts of £113,515.
Sefco Limited traded in the same line of business as Sefco Engineering Limited and in 1998 acquired all of the assets of Sefco Engineering Limited.
Sefco Limited was also wound up by the High Court on August 18, 2000 with estimated debts of £190,484.
(MB)
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