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I own a registered company (pty ltd) in NSW, Australia and
I own a registered company (pty ltd) in NSW, Australia and want to know what risks there are if I sell 50% share to a SILENT investor - (ie - no rights, no chair, no voting, not working in the busines… read more
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In a pty ltd partnership if a director resigns but sill owns
In a pty ltd partnership if a director resigns but sill owns half of the business what rights does he have if the other director decides to sell or wind down business? … read more
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I have an Australia company PTY LTD. I own 51 percent of the
I have an Australia company PTY LTD. I own 51 percent of the business and my business partner (Chris) owns 49 percent of the company. Chris is the sole company director and secretary of the company. I… read more
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O my husband is majorly shareholder in a 'family' style pty
o hello my husband is majorly shareholder in a 'family' style pty ltd (non public) company his co director appears to be showing signs of dementia/altzheimers. what legal documents do we need to look … read more
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Buying into a business in Victoria. They were operating as a
Buying into a business in Victoria. They were operating as a Pty Ltd under a standard company structure. Then gained accountant advice to save on tax they should transfer all revenue accounts\clients … read more
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Pty Ltd Company has 2 directors (30/70 shares and profit shares) in a new company ( a few months- it replaced a prior partnership agreement) The 70% share holder also owns all rights to the products a… read more
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Im in a partnership with my husband and want to limit
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What are the legal steps to be taken by the shareholders to
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Myself and 2 friends formed a pty ltd company over a year ago
Myself and 2 friends formed a pty ltd company over a year ago to provide community nursing services. 2 of us work well together but the 3rd is stalling the business by her inability to make a decision… read more
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Hi, my girlfriend runs a small pty ltd company. Its currently
Hi, my girlfriend runs a small pty ltd company. It's currently in debt. The other director/shareholder wants out. Are both directors -each owning 1 share each in the company- liable for 50% of the deb… read more
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hi there im an english resident but am living in melbourne
hi there im an english resident but am living in melbourne on a working holiday visa, i am in business partnership with two australians,. we have started an online marketing business in new zealand, a… read more
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I am 50% owner of a business in the sports industry. It has
I am 50% owner of a business in the sports industry. It has been operating for the past 4 years with 1 year until lease expires. Due to financial, husbands career, family reasons and ongoing problems … read more
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How to remove a director legally in an australian Pty ltd company
How to remove a director legally in an australian Pty ltd company where a director is a 42% shareholder in the company.… read more
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I have two other business partners, and we each own equally
I have two other business partners, and we each own equally a third of the business we started two years ago. I have contributed $ 200,000 of start up cash as well as introducing all our clients. We a… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service.

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