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it depends on what are you looking for in treatments:
- accountability
- default - legal action
- reporting - financial statements
- credibility - the credit side
We have to be honest before others , i mean as Bussnies wise or we can say it in professional way as Busniess Need its separte legal entity but from my work history , its all related to other , i mean if any problem occures either finance or admin or others then the owner is one person , how cam can't solve these problems?
Companies are separate legal entitites. So, if one shareholder or director is having share in different companies, and one or more of the companies are declared defaulters, it will not impact other companies he own.