can beneficary dispute their deceased parent loan , owe pte company director loan , loan rate 10% pa compounding even after director died ? will beneficary able to sell deceased company shares ( decaased is director n shareholder at same pte ltd ) ?

Answer :

  • http://legalhelp.com.sg/cache/img/201301/no-image.76x72.crop.jpg

    LegalHelp

    answered on 13/05/2018

    flag as inappropriate

    The debts of a debtor will remain payable by his estate. The treatment of the company shares will depend on the company's constitution and any agreements entered into with the company.

    Did you find this post useful? Please provide your feedback by clicking on the link above.

Comments