Modern Finance, a finance company that makes short-term loans to businesses in need of cash, made a $50,000 loan to Pauls Car Rental Company last year in December. This loan was to be repaid with a 5% interest in June 2020. However, due to the coronavirus situation that hit Singapore early in the year, coupled with the lockdown that followed, Pauls Car Rental Company had to close in May this year. The loan to the company remains unpaid, and the owners of Pauls Car Rental Company have filed for bankruptcy. Modern Finance is seeking to reclaim its loan form the directors, shareholders and staff of Pauls Car Rental Company. Applying the principles of company law, explain if Modern Finance would be successful in its claim.