In message , Tim writes
If it was excessive to the detriment of creditors or shareholders, then yes.
Not if he knows the company is insolvent and trading at a loss and the payment of that salary is to the detriment of creditors.
Except doing it your way is likely to lead to him being barred as a director and of course the IT and NI wouldnt be refunded. Not a very good idea.
Far better to do it the other way, as most small companies do. Take it as a loan then at the end of the year when fiddling, sorry I meant 'finalising' ,the Company accounts and the Directors Tax return it can be cleared or not with salary, bonus or dividend. Far more tax efficient that your method.