Can a conventional Ltd Co be a CIC Director?
We work with communities to prepare plans to improve places. We do this as a "conventional" Ltd Co. We now want to form a CIC to put the plans in to practice - i.e., obtain grants, loans etc to do the work. Does any one know if our existing Ltd Co can be one of the Directors of the CIC, or do CIC Directors have to be individuals?
Yes, A CIC can be a subsidiary of an LTD and vice versa.