Hi,
We are a group of 6 directors who started a pvt ltd company. All of us have same share holding.
Basically we started the company to fund the idea of one director. after starting the company she left the country for two months. On returning back she resumed work after another two months. We had made her the CEO of our company. Due to her negligience the project that we were working on failed. Now we as share holders want our money back.
about 50% of the money was invested in cash. We all received shares in return of the remaining 50%. All of were directors and there is no documentation were she signed any gurantee for the project.
What are our options to recover our invested money back?
Thanks,
Ravi
