September 25th, 2005 by Questions
While you are in personal bankruptcy or after you have filed for bankruptcy, can you become director for a canadian company?
September 26, 2005 at 9:09 am, Barton Goth, GCO Inc. Bankruptcy Trustees said:
While you are in bankruptcy, the Canadian Business Corporations Act and itâ€™s provincial counterparts clearly stipulate that you are not eligible to be a director of a corporation while you are in bankruptcy. However, there is no problem with being a director once you are discharged from bankruptcy.
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