Please assist me in these situations:-
1. I am a shareholder for Sdn Bhd company (30%) another 70% belong to a holding company.
2. I am also a working Director for this company with a fixed monthly income.
3. We have 3 directors.
4. Current status of the company is loss (-ve NTA)
5. I've enter a "friendly loan agreement" with the company & one of the director.
What shall I do if:-
1. I want to resign as a Director only and what is the impact on me based on the above scenario?
2. I want to resign as a Director and Shareholder.What is the impact on me based on the above scenario?
Can the company ask me the 30% of the losses made? If I can't pay, what is the impact?
Thanks in advanced for your kind assistance.