Carillion: Insolvency

(asked on 3rd September 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the timeframe is for the publication of the investigation into the collapse of Carillon by the Official Receiver.


Answered by
Kelly Tolhurst Portrait
Kelly Tolhurst
This question was answered on 11th September 2018

Statute allows the Insolvency Service up to three years, following a company’s insolvency, in which to bring disqualification proceedings against its directors. Typically investigations are concluded in less time, however because of the uncertainty that attaches to any large, complex, investigation it is not possible at present to offer a more precise estimate.

If any directors are disqualified the Insolvency Service will publish the details of the disqualification on its website (for three months) and will notify Companies House, which maintains the statutory register of disqualifications.

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