I need help from somebody with knowledge in UK Company Law! What is the issue in this...

  • Thread starter Thread starter mimi26
  • Start date Start date
M

mimi26

Guest
...case? A person decided to promote a company called "A" in March, and instructed his solicitor to prepare the necessary documents. He transferred his shop to the proposed company, and received a rebate of £6,000 from the government in connection with the transfer. The rebate was made as part of the government’s policy of attracting companies into the area. Ahmed paid the money into his personal account. In April "A" Ltd received the letter for incorporation.
After 5 months members of the company "A Ltd" became aware of the rebate that was paid to Ahmed.

What rules can be applied?
 
Back
Top