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