I have been approached to act for a company by the person who ultimately controls every facet of it. He is a bankrupt and has installed a third party to act as director of the company. He is effectively acting as a shadow director and has full control of all finances and decisions etc. My questions (i) Is this an issue which the current agent should make me aware of when professional clearance is requested? (ii) Is this a compelling reason not to accept appointment?
06th Mar 2012 10:26