2006-10-16 10:12:28 · 2 answers · asked by gleka87 1 in Business & Finance ➔ Other - Business & Finance
Yes - but you should also get a shareholders' agreement set up by someone other than your solicitor to make sure that each party's best interests are served. When the company law reform act comes in shortly there will be no need for UK private companies to have a secretary - anyhow, see the companies house website, check your articles of association for restrictions on the transfer of shares (it may be in your interests to ensure that the directors have a first refusual of a transfer ) - assuming you are on the board.
2006-10-16 10:20:04 · answer #1 · answered by Miss Behavin 5 · 0⤊ 0⤋
short answer but yes he/she can....
They could also be directors, either exec or non exec...
Get an information pack from companies house..(link below). Also your solicitor should know these things, I would consider changing....
Make sure your Company Secretary is good with accounting....
Good luck
2006-10-16 10:17:02 · answer #2 · answered by KJA 3 · 0⤊ 0⤋