Disposal of assets under value by a limited company

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
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



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries