Supreme Court ruled company director's advances were not illegal loans but recoverable advances under company law.
Sintesi Legislator
Generato dall'IAThe Supreme Court determined that advances made by a company director to the firm were not illegal loans under the Companies Act. The court found these payments constituted recoverable advances rather than prohibited lending. Consequently, the claim for repayment was upheld against the company's defense.
Regesto Legislator
Generato dall'IACompanies Act 1981, Chapter 12, Section 7; Advances made by a director to a company are not illegal loans if they are recoverable advances, and the director is not liable for damages to the company for such advances.
Parole chiave
Generato dall'IADisposizioni normative citate
Generato dall'IADecisioni correlate
Generato dall'IATesto completo
Kysymys siitä, olivatko yhtiön työpäällikkönä ja toimitusjohtajana toimineen henkilön eri aikoina yhtiöstä nostamat varat palkkaa vai osakeyhtiölain 12 luvun 7 §:ssä (248/1981) kiellettyä rahalainaa. Kysymys myös hallituksen jäsenten vahingonkorvausvastuusta.