Question
Sia and Owen are directors and shareholders of Ecocarrior Plc, a company selling organic food products. The business is carried out through a series of
Sia and Owen are directors and shareholders of Ecocarrior Plc, a company selling organic food products. The business is carried out through a series of wholly-owned subsidiaries, each specialising in different organic products. Three years ago, the company incorporated a further wholly owned subsidiary called Catovix Ltd to focus on creating nutritious cat meals. Rory is the sole director of Catovix Ltd. As a result of a number of poor business decisions, Catovix Ltd has failed to make a profit since its incorporation. Last year, Sia and Owen informed Rory that Roy, a director of another company in the group, would replace him as director. Roy is also told by Sia and Owen to transfer all assets of Catovix Ltd to a sister company and that they intend for Catovix Ltd to be wound up.
Advise Debbie who, since last year, has been seeking repayment from Catovix Ltd for an organic cat product that has caused serious kidney problems to her cat.
what topic would this be and what sections would apply and how?
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