Can a dividend waiver's witness be a director?

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If a business is owned 50/50 between two directors and one company director would like to waive their right to dividends, can the other company director be the witness to countersign the dividend waiver? Or would a third-party be required for this? Thanks in advance for any help with this.

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By lionofludesch
27th Jul 2018 11:01

With seven billion people in the world, I'd ask someone else.

It's just unwise.

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