If anyone can advise - I am director in "private company limited by shares".
The company manages house where I live and I have 1/5 in shares in freehold which is registered on this company.
The company has secretary who is local estate agent (or their daughter company) and also they are appointed by the company to manage the property (collect fees, arrange gardeners, hire contractors to curry repairs etc).
There is another director who likes to pose as a landlord and tell everyone what to do.
My question is - what is power of directors in sence of day to day activity. If I am not happy with appointed management company and secretary - can I unilateraly sack them and then inform another director?
The company manages house where I live and I have 1/5 in shares in freehold which is registered on this company.
The company has secretary who is local estate agent (or their daughter company) and also they are appointed by the company to manage the property (collect fees, arrange gardeners, hire contractors to curry repairs etc).
There is another director who likes to pose as a landlord and tell everyone what to do.
My question is - what is power of directors in sence of day to day activity. If I am not happy with appointed management company and secretary - can I unilateraly sack them and then inform another director?
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