Will this account be disapproved?

It should be, yes. At least the last time I looked at the TOS this was the case (reference to "associated accounts" I think).

Have a read through the TOS if you're unclear of anything - always best to do that before proceeding.

Thanks

They have allowed stuff like this - but rarely. In the one case I know, the person was banned years back, and then reapplied some time back. Asked ASA here too if he could get back in. He was allowed in.

Always worth a shot. Hopefully ASA would see this and reply.

But if you were banned recently, I dont think you would get back in.

From the AdSense Forum Charter [webmasterworld.com]:

Please, no posts to attract the attention of Google employees. If you have something you need to say to them, please contact them through their channels.

and remember - if the domain for the project that is now 'finished' was on the now-banned account, that domain may well be burnt for adsense forever :(

Oops, sorry, didn't know that, Martinibuster.

Agree with leedegroot. It you are using the same domain as before, you have little chance of reinstatement. You would need a new domain and then set up a new AdSense account under your company name with a new address, new tax ID, etc. Completely change your identity.