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Looking to resign as company director. 50/50 split. Happy
Looking to resign as company director. 50/50 split. Happy to hand over at no charge (or a nominal £1) to business partner. The business I feel has no future, but partner does feel it has a future. Cur… read more
James Mather
James Mather
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My wife is exiting from a Limited Company she has been running
My wife is exiting from a Limited Company she has been running with two partners. She has recently completed the paperwork to stand down as a director but she still retains a third of the shares. The … read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
Hi, a friend borrowed money from his wife for a business venture
Hi, a friend borrowed money from his wife for a business venture without my knowledge and a month or so after he bought it he asked me to help him run it. I was then appointed a Director. He has since… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
Im in a deadlock situation where I am personally liable for
I'm in a deadlock situation where I am personally liable for equipment if the company cannot pay for them. I have resigned as a director but I'm still an equal shareholder and a signatory on the busin… read more
UK-Justice
UK-Justice
Master's Degree
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I was a company secretary for a property company with no actual
I was a company secretary for a property company with no actual involvement with the running of the company I gave a personal guarantee for a company loan with a charge over my home The company had pr… read more
James Mather
James Mather
7,350 satisfied customers
Hi, youve helped me before on here regarding a situation Im
Hi, you've helped me before on here regarding a situation I'm in with a company I've left. So, I have an outstanding Director's Loan of £115k with the company. I'm no longer an employee or director bu… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
I want to resign as a company director. I know that I need
I want to resign as a company director. I know that I need to fill in a certain form at companies house. Is there anything else I need to do ? Do I have to inform the bank? We have an overdraft with t… read more
Senior Partner
Senior Partner
Bachelor's Degree
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is it legal for a convicted prisoner convicted of money laundering
is it legal for a convicted prisoner convicted of money laundering to run a business from his cell, ie, giving the company secretary tasks to carry out while the other director who is active within th… read more
Jo C.
Jo C.
Barrister
Master's Degree
33,359 satisfied customers
Hello, Im in a desperate situation regarding a personal gurantee
Hello, I'm in a desperate situation regarding a personal gurantee with HSBC. I can't afford legal help so I've been dealing with them myself with a little help from one or two friends. I feel that the… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
Hi, A quick question please guys. I signed a deed of guarantee
Hi, A quick question please guys. I signed a deed of guarantee in respect of a Financial services company. I have resigned as a Director of the firm, and from companies house. There are still 2 guaran… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
Hello, My husband and I have just sold on a failed business
Hello, My husband and I have just sold on a failed business for a £1 each. The business was sold as a "Warts and all" package so all of the debts went with it. There is, however, an outstanding debt t… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
I am The Managing Director of a UK Ltd Company. I have a 48%
I am The Managing Director of a UK Ltd Company. I have a 48% holding a second director also holds 48% with a third holding 4%. I am either looking to buy a directors 48% share or resign. However the C… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
I resigned as a director of a limited company in 2006 & the
I resigned as a director of a limited company in 2006 & the company was placed in voluntary liquidation by the remaining directors in May this year, however the bank has contacted me with regard to ou… read more
Senior Partner
Senior Partner
Bachelor's Degree
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Can a third party debt order be brought against a company which
Can a third party debt order be brought against a company which has entered liquidation and whose bank account is already owing a large overdraft (although that overdraft is personally guaranteed). Wi… read more
Chris_H
Chris_H
Consultant Solicitor
Bachelor's Degree
1,081 satisfied customers
With a Limited Company, if one director supports the overdraft
With a Limited Company, if one director supports the overdraft on his property has he any recourse over the other director for re-embersement should he want to wind the company down. The bank have the… read more
Aston Lawyer
Aston Lawyer
Head of Residential Property
LLB (HONS)
3,755 satisfied customers
Three and a half years ago I had a brain haemorrhage and ceased
Three and a half years ago I had a brain haemorrhage and ceased taking an active part in our family business although I am still company secretary. Recently I found out that the business is in serious… read more
Chris_H
Chris_H
Consultant Solicitor
Bachelor's Degree
1,081 satisfied customers
Hi, I used to be a director of a company here in the UK - I
Hi, I used to be a director of a company here in the UK - I was listed at companies house as a director. I then dissolved my directorship in November last year. I was listed under two agreements as pe… read more
F E Smith
F E Smith
Bachelor's Degree
7,825 satisfied customers
Hi i am company director in a Ltd company. The company secretary
Hi i am company director in a Ltd company. The company secretary is my business partner. Last year her other company was declared bankrupt (i am guarantor for lease of buliding overdraft and lease on … read more
Claire D
Claire D
Solicitor
Bachelor's Degree
3,045 satisfied customers

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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 (last updated February 8, 2012).

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