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Posted: Mon Jul 14, 2008 10:35 am
by adrian.p
Hi there,
Can I be a director of a ltd company whilst still in an in an IVA ?
Posted: Mon Jul 14, 2008 10:39 am
by MelanieGiles
Hi Adrian and welcome to the forum
Yes you can definately remain a director of a limited company whilst you are in an IVA. Is the limited company one under your direct control - ie you own more than 50% of the shares, and does it produce your income? Also if you shares have any value, they will have to be included in the statement of affairs as an asset.