Good Morning to All. I am in a position where I am one of two Managing Directors (each with 50% share) in our Ltd company we set up some time ago. I am looking to get out of this and setup a new (rival) business where I am the sole owner from the outset. Would it be illegal or problematic if I registered as the MD of my new company, so I can get the ball rolling, while things are being sorted out with company #1. I don't want to go ahead and them find I have given my partner an easy way to kick me off first due to some "conflict of interests"? Any advice is appreciated.