What is the maximum duration of a disqualification order under the CDDA?

The maximum duration of a disqualification order under the Company Directors Disqualification Act (CDDA) is indeed 15 years. This order is imposed by the court against individuals who have engaged in dishonest or unfit conduct while serving as directors. The purpose of the disqualification is to protect the public and ensure that individuals who have demonstrated poor governance do not have the opportunity to manage companies again without oversight for a significant period.

The duration of 15 years reflects the seriousness of the violations that may lead to disqualification, serving as both a punitive measure and a deterrent to others. It is crucial that the duration of disqualification is substantial enough to emphasize the importance of responsible conduct in corporate governance. Options such as 5, 10, or 20 years do not align with the statutory framework established under the CDDA, and therefore, they do not represent the correct maximum duration for disqualification orders.