24. Can I remain as director of a company if I have been declared bankrupt?

An undischarged bankrupt is disqualified from acting as a director of a company. If a bankrupt wishes to act as a director of a company, he must seek the approval of the DGI or grant of leave from the Court.
It is also important to note that except with the permission of the DGI or Court, a bankrupt is not allowed to:
(a) work in the business of a spouse, children or relative;
and
(b) enter or carry on any business, either alone or in partnership.