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Post Info TOPIC: Legal Fees for Sale of Shares
jenand


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Posts: 51
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Legal Fees for Sale of Shares
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Hi,

The company I work for is in a potential takeover and due dilligence has been carried out. Our two Directors will be selling the whole of their shares to a new party. I have received an invoice from from the Directors with the instruction to pay it from the company bank but the invoice is addressed to the Directors personally (Husband & Wife).

So, should the invoice be changed and expensed by the company or should I pay it and post to the Directors account?

 

Thanks in advance for any help.



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Jenna
ilsm


Senior Member

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Posts: 219
Date:
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I would pay it and post to DLA, because the Company would have no liability under the sale agreement that it could be invoiced for.

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