I've cocked up....

aip08

Free Member
Jan 10, 2008
46
0
It is a huge relief on our part to have it finished, I'm just slightly worried about possible backlash from her victimising herself at our expense, but hopefully that won't happen & if it does we always have the legal route to pursue, even if its just a warning shot.
 
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Faith28

Free Member
Dec 2, 2005
2,111
150
London
You do not lose ownership of shares if you resign or are fired as a Director.

Say for example you own 49% of a business. Your business partner sells his 51% controlling stake. The new owner just cant come in, fire you and take your shares. That would mean someone would only have to a a controlling stake to buy 100% ownership.

I see...my mistake was thinking being a director and employee were two different things when in fact it's the same thing...it's being a shareholder and employee that are being discussed here.

Thanks for pointing this out.
 
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