Conviction for Sam Oliver Spence
If companies or their directors break the law, we can take a range of actions including prosecution and we publish details of successful convictions.
Sam Oliver SPENCE was convicted under:
Companies Act 1993
- Section 138A(1) of the Companies Act 1993 on 2 charges for exercising his powers or performed his duties as its director in bad faith, believing that his conduct was not in its best interests, and knowing that his conduct would cause serious loss to the company.
- Section 261(6A) of the Companies Act 1993 on 2 charges for failing to comply with the liquidator’s notice given under section 261(1)-(3) of the Companies Act 1993 to attend at the offices of the liquidator for the purposes of examination.
- Section 386A(1)(b) of the Companies Act 1993 on 2 charges for taking part in the management and formation of a phoenix company.
- Section 386A(1)(a) of the Companies Act 1993 on 1 charge for acting as a director of a phoenix company.
Insolvency Act 2006
- Section 436(1)(b) of Insolvency Act 2006 on 2 charges for managing a business without consent of the Official Assignee.
- Section 440(1)(b) of the Insolvency Act 2006 on 1 charge of wilfully misleads, or attempts to mislead any Assignee or person concerned in the administration of the Insolvency Act 2006
- Section 433(1)(a) of the Insolvency Act 2006 on 2 charges of failed to file a statement of his affairs in the prescribed form with the Official Assignee.
Convicted and sentenced on 5 May 2020 to 3 years and 9 months imprisonment.