will my boss find out I am in an iva?

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imanostrich

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Post by imanostrich » Sat Jun 05, 2010 9:30 am
Hi I have been asked to be company secretary for a imited company.if iI accept will my boss find out I am in an iva?
 
 

MelanieGiles

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Post by MelanieGiles » Sat Jun 05, 2010 10:14 am
Not unless you tell him - in reality being a Company Secretary gives you no power in the company - you simply are the one who has to make sure that all filing to Companies House occurs on time.
Regards, Melanie Giles, Insolvency Practitioner
 
 

imanostrich

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Post by imanostrich » Sat Jun 05, 2010 11:34 am
thanks for your reply Melanie, i am sorry to ask again but I made a mistake the position would be a director of a limited company would this make any difference?
 
 

Adam Davies

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Post by Adam Davies » Sat Jun 05, 2010 1:30 pm
Hi
You can be a company director whilst in an IVA but it will affect your ability to guarantee any borrowings and you will also need to check the articles of association and let your fellow directors know about your IVA.
Regards
Andam Davies
 
 

imanostrich

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Post by imanostrich » Sun Jun 06, 2010 9:00 am
thanks for your reply pleased i asked for the advice
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