corner image corner image
View Single Post
corner image corner image
  #1 (permalink)  
Old 16-06-2008, 11:47
prk prk is offline
I'm Getting to Know A1
 
Join Date: Jun 2008
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
Default Recovery of Company Assets

Hi

A few months ago my co sec parted company with the Company. It was just me and him, and he had a 10% share of the company. I was employed by the company and he had a job elsewhere and just was responsible for statutory returns etc.

On leaving, I paid him the 10% share value, but he has so far insisted on keeping hold of a number of company assets, with total value about £2K.

What are the legal requirements here? I assume the assets are owned by the company, period.

Does anyone have any experience in recovering assets through the courts?

Thanks

PRK
Reply With Quote
corner image corner image
Sponsored Links

Register to remove these ads
corner image corner image