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Posted: Tue Dec 14, 2010 9:19 pm
by Lynn.pr
can i still sit on a board as a director with an IVA
Posted: Tue Dec 14, 2010 9:22 pm
by Shining
HI Lyn welcome to the forum. I'm not sure of the answer but will keep this bumped up for a poster to comment on who does know. x
Posted: Tue Dec 14, 2010 9:26 pm
by spike
Yes you can providing it's ok with the company. Your IVA is not affected.
Posted: Tue Dec 14, 2010 9:37 pm
by MelanieGiles
This is in no way guaranteed - you will need to check the Articles of Association of the company concerned to see if this is permitted. A simple board resolution could agree to your appointment, but this would require full disclosure to the remaining directors about your financial situation.
Are you planning on joining the board of an existing company, or starting a new one which will be controlled by yourself?