I would like to know what is the process in order remove ownself from the company directorship?
I tried call to SSM for enquiry, however none of them pick up the call and request to leave contact and only return the call within 14 days.
Here is the situation:-
My friend have a company registered to SSM this early of year with under 2 ppl name, 1 of it is my friend.
Both registered under director for this company under 50:50 shares. My friend is a sleeping partner for this company, however they are making loss and would like remove himself from this company. Another partner is at overseas now and ignoring the company operation. THere is no complaint or any outstanding debt now but afraid it might have in future.
What is the process to remove my friend from this company directorship? Or if my friend with 50% shares have a right to terminate the company, he would like to do so. In summary, my friend just want to cut all relationship with the registered company, what is process or move he can do?
Need process advise to remove the directorship