Hello all,
I am going to start a new business as a private limited company.
In which I will have a second director/share holder initially who already has some existing businesses. I don't know about the details of these existing businesses and their ethical/legal operations.
I wanted to know that if something (bad) happens to the second directors existing businesses, will/can it affect my business?
If so how can I safeguard it?
The other director will be having a minimum share holding and will be an ordinary director in the company. But he will be investing some money.
Thanks.
