Thank you for the quick response..
There are 100 shares and I own 60 and my business partner owns 40.
You cannot force him to sell shares to you any more than you hecan force you to sell yours to him. If that was possible, there would be nopoint in having the shares in the first place.
There are two issues with regard to removing him as a director,which does not really help your scenario, the first one is that you would needto remove him as an employee and would then face a tribunal claim the secondone is that you would need to remove him as a director which needs ashareholders resolution.
You would actually still be stuck with him as a shareholder.
I'm afraid that at this stage in time, you are faced with makinghim an offer that he cannot refuse. This is a private limited company andtherefore it really comes down to how much it is worth to you to get controland how much it is worth to him to walk away.
Although you can have the shares valued, he can simply say thathe does not want to buy them.
You could sell your shares to someone else but that would dependon whether the memorandum and articles allows you to do that without offeringthem to him first.
I'm sorry, I wish there was a magic solution for you but thereisn't.
Can I answer any specific points?