Illegality under the Companies Act
Language: English Series: Estates Gazette ; (9329) 24 July 1993, 90-91(2)Publication details: 1993Subject(s): Summary: Rules governing the lending of company money to directors are complicated, safeguarding against improper use, but they can also create incidental legal problems for joint venture finance. The article examines a hypothetical case study to illustrate where such funding becomes illegal.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS48968 (Browse shelf(Opens below)) | 1 | Available | 69278-1001 |
Rules governing the lending of company money to directors are complicated, safeguarding against improper use, but they can also create incidental legal problems for joint venture finance. The article examines a hypothetical case study to illustrate where such funding becomes illegal.