company director and IVA

3 posts Page 1 of 1
Post Reply
 
 

guy

User avatar
Posts: 1
Joined: Fri Jul 06, 2007 11:45 pm
Location:
Post by guy » Fri Jul 06, 2007 11:46 pm
Quote
Can a person under and IVA order act as a company director
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Sat Jul 07, 2007 12:04 am
Quote
Hi guy and welcome to the forum

Absolutely - there are no restrictions in acting as company officers under IVA proceedings - of course if you are declared bankrupty you cannot act as a company director until you are formally discharged.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
Top
 
 

iva_squirrel

User avatar
Posts: 647
Joined: Mon Apr 17, 2006 10:32 am
Location: United Kingdom
Post by iva_squirrel » Sat Jul 07, 2007 7:57 am
Quote
Good morning guy,

Welcome to the forum.

In bankruptcy you are automatically banned from being a director. But in an IVA Directors can continue in office and do not have to resign.


In general an IVA is unlikely to affect your employment, unless you are authorised by a professional body, in which case you should seek their advice.


Kind regards,

Julia Simavi

Shortlisted with special commendation for Debt Counsellor of the Year by Credit Today Awards 2007

View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp

Visit my website:
http://www.supersonicsquirrel.net

Credit Today Awards 2007 http://www.credittoday.co.uk/awards/winners.htm
Top
Post Reply
3 posts Page 1 of 1
Return to “self employed and company/business”