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Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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Good morning Im a minority shareholder (in a four million

Customer Question

Good morning
Im a minority shareholder (in a four million pounds company) for which I have not been involved in the business for 7 years. Im worried about my situation, can I appoint any person to represent myself into the company at the companys cost.
Regards
Mr Tony Jolley
Submitted: 2 years ago.
Category: Law
Expert:  Ash replied 2 years ago.
Alex Watts :

Hello my name is ***** ***** I will help you with this.

Alex Watts :

What are you worried about please?

JACUSTOMER-cqgn404o- :

Hi

Alex Watts :

Hi. I am on the train so on and offline

JACUSTOMER-cqgn404o- :

We have been trading for fifteen years, always in a profit, I am no longer a director to this firm but a shareholder. The company is losing money at the present time. The two remaining directors still maintain their salaries with one director who has appointed his spouse to work in the company. I feel a certain amount of money has been taken out of the company and not sure how I pursue the problem. The company is made up two companies. I have not received any monies from the profits for the whole duration. My shareholder money has dropped from £4000 to £2000. I feel I some stage soon I will need a professional body to assist me in this matter.

JACUSTOMER-cqgn404o- :

Sorry

JACUSTOMER-cqgn404o- :

Regards ***** *****

Alex Watts :

Do you have any form of Shareholders agreement?

JACUSTOMER-cqgn404o- :

hello

JACUSTOMER-cqgn404o- :

Yes I have

Alex Watts :

What does that say about matters etc?

JACUSTOMER-cqgn404o- :

Maybe I can scan and send them to you tomorrow, would that be okay?

Alex Watts :

Sure