Shadow Director

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?

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What an odd question

Euan MacLennan |
Euan MacLennan's picture

Shadow Directors

Roland195 |

 

bernard michael |

Undischarged bankrupt

davidwinch |
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