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3 persons have a share in a business one has more shares than the othe but the business owns the name so if the business folds who is responsible for over draft payments and the name of the company if?
Wiki User
∙ 15y ago
It depends on the type of company it is. If it is a partnership then it will be decided how much money each person pays by the percentage of shares each person owns. If it is a public limited company then no one owes the bank any money.
Wiki User
∙ 15y ago
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The processing of one persons transactions by another person or business (such as a bank).
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A government approved and certified lending company.This company do offer loan ranging from personal to industrial loans to interested persons or companies who are seeking financial aid at a negotiable interest rates sometimes as low as 3%.Why should you die in silence when you have an opportunity to clear your dept,start or boost your business with a loan from our company. ehis_coperative@sify.com
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