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Hi,
small ltd company has 2 directors. two large chqs in business account clearing. one director closes account then goes to customers and asks them to pay him direct in to his personal account net of vat, despite charging vat with appropriate invoice.
The director will now not return money to company nor confirm if he has or has not had the money. Im running out of time. I need to pay rent overdue and rates and electric plus creditor. the police wont get involved. I really tried to reason but its not worked.
2 options
legal action for theft of funds and very bad behaviour for not paying bills.
simply sell company assets to pay bills and balance to pay in to company
Any advice very much appreciated.
steveeasy
small ltd company has 2 directors. two large chqs in business account clearing. one director closes account then goes to customers and asks them to pay him direct in to his personal account net of vat, despite charging vat with appropriate invoice.
The director will now not return money to company nor confirm if he has or has not had the money. Im running out of time. I need to pay rent overdue and rates and electric plus creditor. the police wont get involved. I really tried to reason but its not worked.
2 options
legal action for theft of funds and very bad behaviour for not paying bills.
simply sell company assets to pay bills and balance to pay in to company
Any advice very much appreciated.
steveeasy
