Question
Assuming that the share capital of private limited company (for instance O, OY, Ltd) is 5000. Nominal value is 1 per share. You and your
Assuming that the share capital of private limited company (for instance O, OY, Ltd) is 5000. Nominal value is 1 per share. You and your partner both own 50% shareholding. You have no shareholders agreement. You both run business in management level actively too (you both = 2 members of the management board). Suddenly your partner wants to change the course of business substantially since 2021 (material change) as you have gained high losses (due to covid-19 this year), but you disagree with him/her as you believe that this is temporary setback for the company. How do you solve this situation internally so that at least creditors of your company would not suffer?
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