Can I become a company director while in an iva

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hds

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Post by hds » Mon Feb 04, 2008 8:28 pm
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Can I become a company director while in an iva. Would I have to tell my compnay
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carlmcmullen

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Post by carlmcmullen » Mon Feb 04, 2008 8:59 pm
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Normally the answer is Yes, it is not an offence becoming a director.

However, there are occasions were the articles of the company are likely to contain a provision that a director is removed if he/she goes into an IVA, which can be amended by holding an EGM.

Not always the case but worth checking.
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