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To ask the Secretary of State for Business, Energy and Industrial Strategy, whether she has commissioned an investigation into whether the Directors of All Star Lanes which went into administration should be disqualified from being company directors; and if he will make a statement.
When a company enters administration, the administrator must, usually within three months, provide a confidential report to the Insolvency Service on the conduct of the directors of the company. The Insolvency Service will assess the information received and will collect information from third parties including other government departments, to determine whether or not a full investigation is required. This may ultimately lead to director disqualification proceedings or other enforcement action.
As the administration only occurred last week, the administrator’s report is not expected yet.