Fraud by Director

VARUN RANJAN (Student) (231 Points)

05 February 2021  
A company owes 10Lakhs to its landlord and the company shows Property of 11 Lakhs in its books of accounts.
What can the landlord do, to recover arrear rent from the company.
What would happen if the property shown by the company in its books of accounts turn out to be bogus?

Expecting an solution.

thanks in advance.
Varun Ranjan