Mr X is the sole dir/shareholder of UK holdco X Ltd. There are a number of ‘group’ ‘subsidiaries’ (‘’ will become apparent).
Mr X is not a director of any of the subsids. The subsid director’s are Mr A/ Mr B etc. The shares in subsids are owed by either:
a) Mr X or X Ltd,
b) Mr X/X Ltd and Mr A/Mr B etc (ie the director), normally (but not always) 50/50.
I think that 1 co is 100% Mr A, say
There is an unofficial group FC.
I take day-to-day instruction from Mr X and have contact with the GFC. Mr A , Mr B etc are purely names on an email chain to me. Obviously it’s them that sign the accounts, but Mr X approves them, FC arranges signature.
Mr X is directly or indirect at least a 50% shareholder in all but 1 co, a PSC in all(?).
My question is, who signs the engagement letter? If poss Mr X or the FC are my preference...