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any accountants out there?!

Question

very delicate situation with my former business partners, they both read this site so i must be careful. Question is- I am a minority non active shareholder, and i've seen that my current account (money i loaned the company) has been depleted and not given to me. Its a significant amount of money, I'm wondering if they can do this? Can I request it is repaid in full?

parachute

This question appears as if you do not understand fully how a company functions:
If you loan money to a company that loan can be used by the company - so yes "they can do this"
This loan would be written under the title "your name-compte courant" in the profit&loss balance sheet, showing the company owes you this much money.
Read your contract with the company to see how and when you agreed they would use & reimburse your loan.

Read all the annual profit&loss balance sheets, if you need answers you should ask the company accountant, or the notary who set up the company with your loan.
If after that you still suspect foul play & you'd like a fair accountant to explain your business documents to you I can recommend one if necessary.
Good luck

May 18, 2013 15:15