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Hello all
I am after some legal advice please...
I was a director of my previous company for over 8 years. I was forced to resign my role in last October, and now I am just a shareholder of the business.
I received an email from my previous company yesterday asking me to fill in two forms – Directors Emoluments and Related Party Disclosure Statement. What happens is, another shareholder has asked for a company's audit for the last company's year which was ended on 31 July 2019.
Please tell me if these two forms are necessary for me to complete personally for the audit.
I found it odd that the business has a record of what I received from the company up until 31 July 2019, so I don't quite understand why I am now asked to fill in the forms for the audit.
Furthermore, I have fallen out with the other directors of the business, so the back of my mind keeps telling me they possibly try using these two forms to catch me out here.
Before I left the company, I received a basic salary plus a dividend through my alphabet share every month. But once I walked out the door, I have not received a penny from the business even I was still a company director up until October 2019. So I thought if I must complete these forms, I will only declare I have received no money as a company director from the business. I can only see the basic salary was for me being an employee (not a director) and the dividend through my alphabet share was for me being a shareholder (not a director).
Many thanks, and very much appreciated!
I am after some legal advice please...
I was a director of my previous company for over 8 years. I was forced to resign my role in last October, and now I am just a shareholder of the business.
I received an email from my previous company yesterday asking me to fill in two forms – Directors Emoluments and Related Party Disclosure Statement. What happens is, another shareholder has asked for a company's audit for the last company's year which was ended on 31 July 2019.
Please tell me if these two forms are necessary for me to complete personally for the audit.
I found it odd that the business has a record of what I received from the company up until 31 July 2019, so I don't quite understand why I am now asked to fill in the forms for the audit.
Furthermore, I have fallen out with the other directors of the business, so the back of my mind keeps telling me they possibly try using these two forms to catch me out here.
Before I left the company, I received a basic salary plus a dividend through my alphabet share every month. But once I walked out the door, I have not received a penny from the business even I was still a company director up until October 2019. So I thought if I must complete these forms, I will only declare I have received no money as a company director from the business. I can only see the basic salary was for me being an employee (not a director) and the dividend through my alphabet share was for me being a shareholder (not a director).
Many thanks, and very much appreciated!
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