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Message: <blockquote data-quote="SSKiR" data-source="post: 54012" data-attributes="member: 10139">Hello,Student here who is struggling to understand an aspect of company law relating to company assets. Obviously since a limited company is its own separate legal entity, it is the legal owner of all its assets, not the shareholder. My question however is, other than through a dividend, salary, or directors loan, can a majority shareholder (75% share) by special resolution vote to transfer company assets to themselves personally? (e.g. vote to transfer expensive machinery to them as a person, or alternatively a rather cheap computer?)In this theoretical situation, the company is using the model articles with no additional shareholder agreement. If more clarification is required, please do let me know.Thanks!</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

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