Two directors of the company called kinkapoo joy juice

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Reference no: EM132236125

Ardnejar and Effilce are two directors of the company called Kinkapoo Joy Juice Company Limited, the makers of the famous Kinkapoo Joy Juice. Ardnejar and Effilce are the majority shareholders of the company and there are three other directors, one of whom, Jagrani, is the wife of Ardnejar. Ardnejar and Effilce who were the majority shareholders sold 50 acres of the company's land to Jagrani, the wife of Ardnejar for $4,250.00. Within about three years, the land was sold by Jagrani for $1,200,000.00. Moscohin is the owner of 12% of the shares in Kinkapoo and would have come to you for legal advice as to how to proceed in the circumstances of the case.

Reference no: EM132236125

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