further to my previouse question.i wish to state that im 31% of a ltd company .and iv been requesting to see the full accounts from both the directors and the accountants for quite a while. but so far to no avile. question .do the accountants have a duty to provide me with full account as thay keep passing on my request to the directors who dont reply.
2007-08-16 02:42:31 · 2 answers · asked by nemisis4u 1 in Business & Finance ➔ Other - Business & Finance
I don't know how many other people make up the other 69% of ownership, but it seems to me that you ought to be able to influence the board of directors. You should look into what it takes to remove the board. Perhaps other shareholders are also interested in knowing the finances.
It all depends on the way the company is chartered. Typically, if you own shares of a company you're entitled to the financial information you speak of.
Ultimately, if you don't agree with the way the directors are running the company and you cannot vote them out, perhaps its time to look at divesting yourself of those shares.
Good luck.
2007-08-16 02:48:27 · answer #1 · answered by Scotty Doesnt Know 7 · 0⤊ 0⤋
it is a ltd company and as such as to provide company accounts every year accompanied by a certificate from a auditor if this is not done the company have committed a criminal offence contact the police.
the accounts of a ltd company can be seen by anyone who has good reason
2007-08-16 03:01:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋