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|I am forming a Pvt. Ltd. company with total 4 no. of directors
including myself. I'll be providing all the financing via.
initial capital investment + operating cost.
We have mutually agreed to keep percentage as -
55% myself and 15% each of other 3 (15x3=45%)
now my questions are :
1. What if one person backs out at any given point, what are
implications and what would happen to his share of percentage ?
2. What should I do to keep a control on decisions and financial
matters in case any of the directors cheats/wants to leave? (as
my money will be on stake)
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