M is the holder of nearly all the shares, except one, of a timber company . He is also a substantial creditor of the company. He insured the company's timber in his own name. The timber having been destroyed by fire, he claimed the loss from the insurance company. Is the company liable to m ?
Answers
Answered by
11
Answer:
He was also a substantial creditor of the company. He insured the company's timber in his own name. The timber was destroyed by fire & M claimed the loss from Insurance Company. ... tyres manufactured in Germany by a German Company, all the shares except one was held by the German subjects residing in Germany.
Answered by
4
He was also a substantial creditor of the company. He insured the company's timber in his own name. The timber was destroyed by fire & M claimed the loss from Insurance Company. ... tyres manufactured in Germany by a German Company, all the shares except one was held by the German subjects residing in Germany.
Similar questions