11 Undischarged bankrupts

11  Undischarged bankrupts

[(1)     It is an offence for a person to act as director of a company or directly or indirectly to take part in or be concerned in the promotion, formation or management of a company, without the leave of the court, at a time when any of the circumstances mentioned in subsection (2) apply to the person.

(2)     The circumstances are—

(a)     the person is an undischarged bankrupt—

(i)     in England and Wales or Scotland, or

(ii)     in Northern Ireland,

(b)     a bankruptcy restrictions order or undertaking is in force in respect of the person under—

(i)     the Bankruptcy (Scotland) Act 1985 [or 2016] or the Insolvency Act 1986, or

(ii)

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