Follow on Google News News By Tag * Directors * Shareholders * Shareholders Disputes * Company winding up * Legal Action shareholder * Company action * Company * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | COMPANY DISPUTE? Speak to Legal Expert - Milton Firman's NO LEGAL COSTS SolutionThe Limited Company is a separate legal; entity. Shareholders own the Company whilst the Directors make the day to day management decisions. Even minority shareholders are protected by the law. The primary objective is "the intersts of the Company"
By: Milton Firman Though a Director is not generally personally liable as he is NOT the Company, just an officer of the Company. However, if he is guilty of misfeasance, he can called upon to meet a debt personally. It can be a very narrow line between acceptable and unacceptable. So far as Directors are concerned, they musy look to the Articles of Association to establish they exact right. This, in effect, is the rule book by which the Company is bound - the Constitution. The shareholders can intervene if they believe the Company is not being run properly and have rights to inspect the books and accounts of the Company. If there is an impasse between shareholders, then application if necessary needs to be made to the Court, leading even to a Petition for Winding up of the Company on the basis that it is "just and equitable" to do so. There is much scope for disagreement, but there are remedies offered by the Law. You need to be informed If you aew looking for some initial FREE LEGAL ADVICE call Milton Firman on 0161 485 1100 Email at milton@miltonfirman.co.uk If you want to hear of the NO LEGAL COSTS SOLUTION log on to www.professionallegalservices.co.uk MILTON FIRMAN # # # It's Legal help lawyers and their clients to fight for real justice. We put the citizen first and fight for the civil liberties of all citizens End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|