Property transactions between a director and his company

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Directors and their advisers can be exposed to large losses if they overlook the need for formal shareholder approval of property transactions, including grant of leases, between a company and its director or his associates. Unfortunately it's a point that is often missed.

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Published In: Business Organization Updates, Construction Updates, Finance & Banking Updates, Residential Real Estate Updates, Commercial Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Chris Robinson | Attorney Advertising

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