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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
 Posted - 28 September 2009 : 16:30:34
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Hi
Firstly what a wonderful screen name !!!
you are correct in thinking that his shares are assets and as such would belong to the official receiver. he would also need to resign as a director - 288b at companies house -.
I would recommend completing these transaction before bankruptcy and providing details to the OR, rathe than afterwards. At least then you are in control.
Do the shares have any intrinsic value or is it the nominal £100?
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
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Bankruptcy and Business
