The director of KAD Consultants Limited (KAD) has given an undertaking not to act as a director or be involved in the running of a limited company for a period of 5 years.
Keith Alan Da Costa was the sole director of KAD, which traded as surveyors in the building and construction industry before it went into liquidation.
Investigations during the liquidation found that Mr Da Costa failed to keep proper accounting records and therefore it was difficult to see whether payments in and out of the bank account were legitimate or not. In addition, the statement of affairs, signed by the director showed none of the loans outstanding which were on the previous years accounts.
Mr De Costa also failed to surrender proper books and records to the liquidator.
The Courts will have no hesitation in handing out disqualifications if there is evidence to suggest underhand dealings!
For more information on liquidation proceedings please contact one of our offices in Driffield, Grimsby, Hull, Scunthorpe or York. Telephone numbers are on our contacts page, or ring Stella on 01377 257788 and she will make you an appointment with one of our insolvency professionals. Our initial meetings are free and without obligation.