D
dolphin
Guest
I am a director of a company about to go into liquidation, my wife wrote a cheque and bought the car i drive off the company last week.
I got a written valuation off a garage on the car of 1000 and it was bought for this. However the car is probably worth a lot more.
There is no money owed on the car to the bank.
Question is will the liquidator contest the valuation and can he demand it back despite it being sold and the MD signing off on it ?
I got a written valuation off a garage on the car of 1000 and it was bought for this. However the car is probably worth a lot more.
There is no money owed on the car to the bank.
Question is will the liquidator contest the valuation and can he demand it back despite it being sold and the MD signing off on it ?