How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask UKSolicitorJA Your Own Question
UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Law
Satisfied Customers: 4312
Experience:  English solicitor with over 12 years experience
62162956
Type Your Law Question Here...
UKSolicitorJA is online now

I am named as company director and secretary of my ex husbands

Resolved Question:

I am named as company director and secretary of my ex husbands one man ltd company. I also own 90% ordinary shares. We are now divorced and I am concerned that my ex is threatening to close the company down. Can he do this without my co operation? We have not yet reached a financial settlement.
Submitted: 3 years ago.
Category: Law
Expert:  UKSolicitorJA replied 3 years ago.
Hello,

No, the company cannot be dissolved or liquidated without your approval as you are a director and registered shareholder of 90% of the company's shares.

You should inform your ex husband that he cannot close the company down without your approval and remind him of your directorship and majority shareholding and that any attempt to do so without your approval will be reported to Companies House.

May I help further?
UKSolicitorJA and 5 other Law Specialists are ready to help you