question archive Mickey, Mimi and Pluto are close friends
Mickey, Mimi and Pluto are close friends
Subject:BusinessPrice: Bought3
Mickey, Mimi and Pluto are close friends. After MSSB was incorporated, a resolution was passed by Mickey, Mimi and Pluto who became the directors and shareholders of MSSB.
A few weeks after ? Donald joined MSSB as a shareholder. He forwarded a complaint to Mimi that MSSB was not having enough capital and MSSB must increase it by receiving deposits from the public.
Advise the parties involved based on the Companies Act 2016 and any relevant case.
