Bank Arrestment

Posted by AccountingWEB PM | on Mon, 16/10/2000 - 19:30 913 2 comments | report

Is it legal for an one company to make an arrestment on an other Ltd company in Scotland, if there bank ballance is only £2000, and the company has a loan a/c oustanding to the bank for £80k, in other words can a negitive equity sum be frozen,by a Sheriffs court order.
D.Mckenzie

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Many Thanks Jim

AccountingWEB | Wed, 18/10/2000 - 22:50

bank arrestment

jimwatson | Wed, 18/10/2000 - 11:35