What could be the proper punishment?

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Posted: Sun Apr 05, 2009 11:43 am Post subject:

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If a company would turn to be scam, there is a minimum payment that must be given to the investors, damage fees, just like that

This is the process of bankruptacy of any company.Generally company is liable towards the shareholders of the company.Generally the face value of the share is mostly not more than the 10 % of the share price of the company in stock market.(In normal scenario, not in recession) so ....

Suppose company A files for the BK and has a total debt of 300 millions then as per the face value of the shares it could turn upto 30 millions and the liability of the company ends over there only.

This is really a tricky situation.Remember recent BK of Lehman Brothers. Wink

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amit

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Posted: Mon Apr 06, 2009 12:19 pm Post subject:

Thanks for the information As per my knowledge it does not apply in my country. I may be wrong. _________________ ampminsure rocks !!

horizon

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Posted: Tue Apr 07, 2009 1:24 pm Post subject:

^^ it can be dangerous if there is no such thing like this in your country. maybe not in the similar way but there are ways like this existing in your country too.

dritz

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Posted: Tue Apr 07, 2009 3:42 pm Post subject:

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Thanks for the information Smile As per my knowledge it does not apply in my country. I may be wrong.

Horizon,
all over the world principally this system prevails.Percentage may differ but one can not deny that it is not existing in one's country.By the way from which country you are from? So i can tell you details about your own country and the system prevailing over there!!

Thanks Wink

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amit

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