It Is Better To Offer No Excuse Than A Bad One

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Is it lawful for one “director” to use the assets …

Comment on It Is Better To Offer No Excuse Than A Bad One by oddjob.

Is it lawful for one “director” to use the assets of a company as security, to finance a private venture, without the agreement of his fellow directors?. 

oddjob Also Commented

It Is Better To Offer No Excuse Than A Bad One
Allyjambo,
Thanks.
I also suspect that the assignation of ” ra deeds” would provoke an angry response in some quarters !
Jean7brodie, as Tiberius said to Quintus Arius, ” allow us to be generous” (Ben Hur) 😇😇😇😇 !


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Homunculus,
The Revenue have a history of using the Theft Act of 1968, Section 72, to Prosecute.
For Example check

www.accountingevidence.com/blog/2012/07
This is a report by Bartfields Forensic Accountants Ltd.
In The early days of Vat, it was not uncommon for HMCE to use the Theft Act to pursue repayment frauds.
Sorry I can’t post the link.


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Homunculus
I Made no reference to “Fraudulent Evasion”.
Collecting money on behalf of someone else, with no intention to pass it on is quite simp!y Theft,not Evasion.
,


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