Hello All - new here so any answers much appreciated. This is a delicate situation so I would prefer to remain anonymous.
I am a 50% shareholder and managing director of a small limited company. There is one other director who does not work in the business and has no shareholding. There is also one other shareholder with 50% shareholding who also does not work in the business.
Due to a breakdown in the business relationship, I want to close the business down, the others want to keep it open. The business has no debts but is just keeping it's head above water. Can I take the decision to close the company ?