Dear Sir/Ma'am,
I have registerd a pvt ltd company on 28-12-2011 i-e 2 months back. We are 2 directors having 10000 shares of Rs. 10 (5000 shares with 2 directors equally). Authorized capital is Rs. 1,00,000/-. Nature of business is Consulting Services. Registered address is at my own residence. 3 days back the second director leaves the office without any notice or information. When i called him after being absent for 3 days in office he told " I have planned to quit this company. pay me the investment made by me and i will resign from the company". from past 3 days i was in dilemma that what should i do? i was helpless. But today i ringed him to think over the resignation, he told i will continue my job from monday since i have not any job right now and later i will decide for another option
My question is that i have decided i will run the company till last but for safety what should i do when my second partner decides to quit. What should i do for removal of directorship of my second partner??? Help me, i am suffering from highly mental pressure.