Starting up a second LTD company Question
Discussion
This is just a question out of interest,
Why would a local business owner of a Private limited company set up a second limited company in a very similar name.
Background tot he story is Him and business partner owner 50% each of the first business but subsequently fell out, within days he'd set up another limited company. Does this really help him out in anyway if person B has equal voting rights in the original company?
Not sure if relevant but its a small mixed good shop.
Why would a local business owner of a Private limited company set up a second limited company in a very similar name.
Background tot he story is Him and business partner owner 50% each of the first business but subsequently fell out, within days he'd set up another limited company. Does this really help him out in anyway if person B has equal voting rights in the original company?
Not sure if relevant but its a small mixed good shop.
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