if the revenue force a company to close down, is the director allowed to start another company and start trading again or are there any restrictions?
please include the source of information in the answer i.e legislation e.t.c
2007-04-16 03:54:31 · 3 answers · asked by From Mars 2 in Business & Finance ➔ Corporations
if a director is the responsible officer of a company then, obviously, he is responsible for the legal entity(the company)!!!
2007-04-16 04:06:40 · update #1
This website gives details of the circumstances in which a person may be disqualified from being a company director:
http://www.insolvency.gov.uk/guidanceleaflets/cddafc/cddafc.htm
2007-04-16 04:38:17 · answer #1 · answered by fengirl2 7 · 0⤊ 0⤋
If the director in question is not directly responsible for the direct closure of the company, there is no reason why that director can't be director of another company and direct it as a responsible director of that company!
2007-04-16 11:01:10 · answer #2 · answered by Sami V 7 · 0⤊ 0⤋
*found you this site.good luck.
Info for Limited Company Directors
www.duport.co.uk - Superb information, advice and fantastic offers for setting up limited companies, starting a business and communicating with companies house.
2007-04-19 11:25:47 · answer #3 · answered by fushia 5 · 0⤊ 0⤋