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单词 disqualification order
释义

disqualification order

Definition
Court order banning an individual for a stated period from becoming the director of a firm. When a business is declared bankrupt by a court, its current and past directors (those associated with the firm for a certain number of years usually three prior to bankruptcy) may be so disqualified if they are indicted for failure to discharge directors' duties, or for fraud or misfeasance.
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更新时间:2025/5/8 21:33:24