A company was owned 100% by A. A died in 2021. In 2018, Director B was appointed but was never given any shares.
Upon the death of the sole shareholder, B notified Companies House that A had resigned and then proceeded to unilaterally transfer the shares owned by A (which should, of course, have formed part of A's estate) to himself. B now proudly boasts that it is his company.
Can anybody tell me which statutes have been breached, is it a criminal act, and, what is the remedy?
Upon the death of the sole shareholder, B notified Companies House that A had resigned and then proceeded to unilaterally transfer the shares owned by A (which should, of course, have formed part of A's estate) to himself. B now proudly boasts that it is his company.
Can anybody tell me which statutes have been breached, is it a criminal act, and, what is the remedy?
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