Disposal of assets under value by a limited company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 September 2011
IF A LIMITED COMPANY DISPOSES ASSETS BY UNDER VALUING THE SAME, DOESN'T IT AMOUNTS TO DEFRAUDING ITS SHARE HOLDERS.DIRECTORS PRESUMABLY GAINING BUT CANNOT BE PROVEN TO BEING BENEFITED.WHAT ARE THE OPTIONS AND WHOM TO INFORM
15 September 2011
In such cases you have to prove that there is under-valuation and you can pull the management to the court
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