Abandoned company - where does client stand?

Posted by accountant78 PM | on Tue, 19/06/2012 - 11:01 3318 25 comments | report

A individual client of mine was involved with 2 other people as directors of a limited company.

My client had no involvement in the company and was 'convinced' by the others to be a director. Without going in to the intricate details, he genuinely didn't have any part in running the business or working in it and never signed any documents whatsoever.

The company has since got in to financial difficulty and ceased trading with 2 CCJ's totalling £25k with potential winding up proceedings to follow.

The 2 other directors have resigned their directorships, disappeared and left my client as the only director.

Can he resign and abandon the company completely?!

Any advice appreciated, an insolvency lawyer is my next stop.

Comments

There are 25 comments. Login or register to view them.

It wasn't me; I wasn't there

George Attazder | Tue, 19/06/2012 - 12:22

At risk of being pedantic ...

BKD | Tue, 19/06/2012 - 12:53

Totally unhelpful post

accountant78 | Tue, 19/06/2012 - 12:58

Just the appointment form

accountant78 | Tue, 19/06/2012 - 13:00

I'm sorry...

George Attazder | Tue, 19/06/2012 - 13:17

I have seen a similar situation

Richard Willis | Tue, 19/06/2012 - 13:19

no directors

daveforbes | Tue, 19/06/2012 - 13:34

Yes, is the answer to your question

zebaa | Tue, 19/06/2012 - 13:38

not worth worrying about

Tosie | Tue, 19/06/2012 - 13:43

Why worry?

neileg | Tue, 19/06/2012 - 13:44

The horse has bolted

accountant78 | Tue, 19/06/2012 - 14:03

i very much doubt that they have disappeared

carnmores | Tue, 19/06/2012 - 14:02

Again you have no idea

accountant78 | Tue, 19/06/2012 - 14:06

Re The horse has bolted

Tosie | Tue, 19/06/2012 - 14:05

Thanks Tosie and others

accountant78 | Tue, 19/06/2012 - 14:09

Further apologies

George Attazder | Tue, 19/06/2012 - 14:22

stop being so rude accountant i am trying to help

carnmores | Tue, 19/06/2012 - 14:22

without further information

carnmores | Tue, 19/06/2012 - 16:58

Apologies

accountant78 | Wed, 20/06/2012 - 14:04

I am not sure that we have aswered the op original question

pauljohnston | Fri, 22/06/2012 - 11:35

Resigning

The Black Knight | Fri, 22/06/2012 - 11:44

Are you sure the last man standing can resign?

David Melia | Fri, 22/06/2012 - 12:30

Yep

The Black Knight | Fri, 22/06/2012 - 12:41

stress

carnmores | Fri, 22/06/2012 - 22:49

Tell him to resign

Alf | Mon, 25/06/2012 - 10:06