The Competition & Markets Authority (CMA) has secured the disqualification of pharmaceutical company director Amit Patel after he admitted his role in arrangements that broke competition law.
Amit Patel has signed undertakings that ban him from holding a director role at any UK company for the next 5 years, in connection with his involvement in illegal arrangements during his time at Auden McKenzie (Pharma Division) Ltd and Amilco Ltd.
Company directors have a special responsibility to be well-informed about their company practices and ensure they comply with the law, or they risk being disqualified.
Knowing about illegal practices without taking steps to stop them could be grounds for disqualifying a director.
Read about the pharma case here (link 1. below) and also what steps directors can take to avoid being disqualified (link 2. below).