Loans to a company

lankylad

Junior Member

Joined: Nov 2021

Posts: 1
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#1

Loans to a company

4th November 2021, 13:30:PM

If a person (not a director) makes a loan to a limited company without any paperwork, can that person subsequently force repayment, even if by doing so the company may be forced into liquidation?

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EnglandPi

Senior Member

Joined: Mar 2021

Posts: 674
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#2

14th December 2021, 10:58:AM

Unless the money was paid in cash there must me some paperwork, a bank transaction, bank statement, or something? If the debt can be proved it can be recovered but if the company goes into liquiation or bankrupcy all will be lost.
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Loans to a company

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