Mar 03, 2021 2:08 pm
What happens when an EP holder, who is the director of his own company, is declared bankrupt? Will the EP be cancelled?
1 Reply
Mar 03, 2021 2:20 pm
Hi Steven,
Whether or not he is an employment pass holder, he/she will not be able to be the director of the company if he/she is declared brankrupt.
He can still be a normal employee (not director) despite being bankrupt and his employment pass will not be cancelled as long as he/she is still under contract with the company.