Trustee in an IVA?

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m4321

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Post by m4321 » Wed Aug 22, 2007 6:32 pm
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If I went into an IVA agreement would I still be able to be a Trustee and I am hoping to set up a Communhity Interest Company and I would be Managing Director would I still be able to.
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catullus

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Post by catullus » Wed Aug 22, 2007 6:49 pm
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There is no prohibition on you being a company director whilst in an IVA but your ability to act as a trustee depends on the constitution of the trust
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iva experts

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Post by iva experts » Fri Aug 24, 2007 10:13 am
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Hi m4321,

There would be no problem with you being a managing director and being in an IVA. However you may need to check the terms and conditions of you being a trustee, if it refers to individual arrangements then this will hinder your stance.

Best Regards. IVA Experts
Best Regards,
Michelle Pontes
IVA Experts
http://www.iva-experts.co.uk/
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