Hello Stuart my name is ***** ***** I will help you with this.
Is this a Limited company? Is anything in writing?
What is it you want to achieve please?
Are you named as shareholders at Companies House?
So he owns more shares that you?
Thanks. In that case its bad news, you can't just have out because there is simply no agreement in writing.
You can resign, remain a shareholder and sell your share.
You should get an accountant to value the business and ask your business partner to buy you out.
If he refuses then a Court can order that the business is sold.
But as it stands you cant just get out and recover your money, because you have nothing in writing.
I am sorry if this is not necessarily the answer you want and certainly not the one I want to give you, but I have a duty to be honest.Can I clarify anything for you about this today please?Alex
If I could invite you to rate my answer before you go today please, otherwise the site does not credit me for the time spent with you today. Thanks and good luck.