Recent content by Techiescot

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    Issues following retirement of director

    What do you mean? I'm open to suggestions.
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    Issues following retirement of director

    I am guessing the shareholder agreement is different from the incorporation document on companies house. I am in touch with the solicitor through whom the business was set up in 2005 to see if I can locate a shareholder agreement. This company was run by the seat of the pants rather than...
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    Issues following retirement of director

    I've sent you a message. Much appreciated.
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    Issues following retirement of director

    Can a majority of shareholders (66%) decide on cancelling shareholder dividends without a meeting? Can 2 Directors decide on salary increase for themselves without informing 3rd director of their intentions?
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    Issues following retirement of director

    I didn't get informed about the pay increase. I only discovered last night when I got the bank statements. I have stepped back from the day to day running of the business but am still a director, still a shareholder and still on the Personal Guarantee until my shares are purchased. There are no...
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    Issues following retirement of director

    I am still a director. I retired from the day-to-day running of the business. But I am concerned the family now will take as much out of the business as they can and somehow leave me holding all the liability and still never pay for my shares. I did think the family would treat me fairly...
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    Issues following retirement of director

    I should have added that the company is based/registered in Scotland should that make any difference legally.
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    Issues following retirement of director

    Ah, I thought it was a legal term ?
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    Issues following retirement of director

    PITA?
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    Issues following retirement of director

    Yes. I realise now that this should have been negotiated but I honestly thought I could trust them to be fair. I asked for a joint meeting with the accountants but they went to see them on their own and I feel frozen out. My fault for not standing my ground.
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    Issues following retirement of director

    No. All 3 Directors equally and severally
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    Issues following retirement of director

    Sorry inadvance that this is so long ... I am a director of a limited company and am a third (33%) shareholder along with a family member and their spouse. 6 months ago, I retired from the day-to-day running of the business and have 3 issues on which I need advice. Personal Liability...
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    Recommendation for new retail business phone system

    Hi I have been researching phones for a new retail premises for my business which consists of a shop, an office and a warehouse but I am running round in circles. There are so many abbreviations which I don't understand. Can anyone clarify what sort of phone system I should be looking for...
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