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I am the only appointed director and the only shareholder of the company
Thank you for your answer.
does this change anything that my sister did not wish to have any shareholders agreement and had any written conformation of shares which could be issued to her due to her terms of contract with her previous employer. Is there any possibility that i could go to court to obtain court order for a payment settlement as i would like to pay her the money back but in installments ?
Thank you very much for your answer.
this is what i have been trying to offer my sister, however she seems not to be willing to accept any agreement. could you please advise if a written - (mail to my sister) conformation of my offer of paying her the money back to my sister in installments would be sufficient evidence at court to support my case - should she decide to take the case to court? Also i am disputing her valuation of her work - is this something i could possibly argue at court as well? should the case go to court do you believe i would have any chances to obtain a court order which would order the company to pay her money back in installments?
please accept my apologizes for asking so many questions, however this matter is very important to me hence i would like to obtain as many detailed information as possible.
I have no intentions not to return the money back to her, and ideally i would love to reach an agreement with her. however, if this would not be possible due to her response and she decided to take the case to court , would I / the company have to cover the costs of the court proceedings?