R
Rock123
Guest
Hi everybody,
I need help on information for one of my dear friends. My friend has a limited company in partnership with another guy, so each of them hold 50% shares of the company.
The other director of the company almost vanished from company before two years for about a year as he was busy building his property portfolio, in the mean time my firend still kept of pushing company and booked some goods profits.
The other director comes back at the start of this year and is giving trouble to almost everybody in the company the reason is that his properties are down in price and now he want money from the company to pay banks for his own property portfolio. So he is after people in the company who make good money, he is insulting them, bullying them...so they have no other choice except to leave...
My friend who is the other director has a family and he knows that if his partner keeps on coming and disturbing the company operations, then company will go busted....
Is there any way that my friend can stop his partner from bringing the company down...
any advice or suggestions are very welcome...
Thanks
I need help on information for one of my dear friends. My friend has a limited company in partnership with another guy, so each of them hold 50% shares of the company.
The other director of the company almost vanished from company before two years for about a year as he was busy building his property portfolio, in the mean time my firend still kept of pushing company and booked some goods profits.
The other director comes back at the start of this year and is giving trouble to almost everybody in the company the reason is that his properties are down in price and now he want money from the company to pay banks for his own property portfolio. So he is after people in the company who make good money, he is insulting them, bullying them...so they have no other choice except to leave...
My friend who is the other director has a family and he knows that if his partner keeps on coming and disturbing the company operations, then company will go busted....
Is there any way that my friend can stop his partner from bringing the company down...
any advice or suggestions are very welcome...
Thanks