View Full Version : Directors Rights in a company

06-03-2006, 10:16 PM
In the forming of a new company where there are two directors, if one director puts up all the finance and the other director brings to the company goodwill and knowledge but no cash, what percentage is each of the directors entitled to?......and does this affect the amount of profit each one is entitled to per month, year etc?

06-04-2006, 02:43 AM
This is normally dealt with by the allocation of shares/stock: which is determined by agreement between the two of you.

Note: if you read other threads in this forum, you will see that it is a good idea to make that agreement formal, via a contract.

11-21-2014, 04:03 AM
Directors and shareholders are having two different roles in a company and there rights are also different. The shareholders own the company and the directory manage it, they make a total rules and guidance for other directors and employees. Directors participate actively in the board's work or meeting. All directores are remain independent in their analysis, judgement, decision making and action. All directores can hold at least 1,000 registered shares through out their terms.