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Posted: Fri Feb 01, 2008 11:52 pm
by ron.b
can you be a director of a limited company while using an iva
Posted: Sat Feb 02, 2008 1:27 am
by MelanieGiles
Yes
Posted: Sun Feb 03, 2008 1:10 am
by ianmillington
Just to be on the safe side....
It's not an offence for you to be a director. However, the articles of the company (to be technical the standard table A) are likely to contain a provision that a director is removed if he/she goes into an IVA. Dead easy to fix for a privately owned company by holding an EGM. Might not apply to you but worth checking.
Ian