C
cashless
Guest
as an avid reader i am posting on behalf of my best friend whose in a pickle and is suffering from depression as a result.the story is a bit long winded so i be as brief as possible
limited company formed / 70/30shares,company gets in trouble cant get money in and results in 25k overdraft in the bank personal guarantee by directors.One director (B)hasnt contributed fianically into the company at all
cease trading and one director remortages and pays off bank overdraft and various tax and vat out of own pocket.
my friends (husband )this is still isnt working and they are now penniless. 12 MONTHS later the other director (B)hands in his notice to the company stating that he holds no claims past or present and that he is resigning
questions can he resign just like this ,can he be held liable for any debts ,THE COMPANY STILL OWES monies but should they approach the other director ans ask him
sorry for been so long winded
marie
limited company formed / 70/30shares,company gets in trouble cant get money in and results in 25k overdraft in the bank personal guarantee by directors.One director (B)hasnt contributed fianically into the company at all
cease trading and one director remortages and pays off bank overdraft and various tax and vat out of own pocket.
my friends (husband )this is still isnt working and they are now penniless. 12 MONTHS later the other director (B)hands in his notice to the company stating that he holds no claims past or present and that he is resigning
questions can he resign just like this ,can he be held liable for any debts ,THE COMPANY STILL OWES monies but should they approach the other director ans ask him
sorry for been so long winded
marie