Asked by Anonymous on 22-02-2022 15:08:20
Question posted in the General Law category relating to Gauteng
I am assisting a friend of me who is questioning the validity of the members loan account in a closed corporation of which my friend is a member. The accountant who is also the majority shareholder refuses to provide details of how his members loan came about and stated that because the financial statements were signed by both the members, it certified the correctness of the his loan account at the time and as such my friend cannot asked how the member's loan account was calculated in the past few years
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