Will EP cancelled if the director of own company declared bankrupt?
What happens when an EP holder, who is the director of his own company, is declared bankrupt? Will the EP be cancelled?
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.