Please clarify whether the Managing Director's own property ( gifted by Grand Parents at the time of marriage) can be treated as Financial strength of the company
1 Replies
Mihir
(Wealth Manager)
(5293 Points)
Replied 18 March 2012
No, its not an asset of the company. Company is a separate legal entity, and the personal assets of the MD is not considered as an asset of the company.
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