What do we need to do if our charity is insolvent and the board has resigned?
Anonymous user
Leadership & Governance
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Dear All,
This edit has been made some three years later having solved the major problems and recapitalised by closing the loss making arm and focusing on the stuff that worked. It was my first post and initially I joined Charity Connect anonymously; now that the problem have been solved I have changed my initial post and entered ny name.
I was on the committee but not as a trustee and after a further trustee resigned it took the charity below three trustees. I agreed to take his place, which moved the tipping point on the board towards those wanting to act decisively. The unpleasant decisions required were made.
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