To: PARTY_1_CONTACT

PARTY_1_ADDRESS_MULTI_LINE

03 May 2024

Re:     JV_NAME Company (the “Company”)

 

I am a minority shareholder of the Company. I write to complain the unfairly prejudicial conduct of PARTY_1_NAME, the majority shareholder.

Background

In YEAR, the majority shareholder gave me a minority shareholding of SHAREHOLDING% and a directorship. [OR: I formed the Company with the majority shareholder].

[During an informal discussion, the majority shareholder expressed the hope that I would take over the management of the company, PROFITand indicated on that basis that I would half-share the profits.] 

ROLEI was left alone as a de facto managing director.

When the company prospered, I was credited with half the profits. SHAREHOLDING[There were discussions about increased shareholding.]

[I have advanced shareholders' loan to the Company in the sum of $LOAN_AMOUNT.]

On DATE_REMOVAL, I was removed by the majority shareholder as a director [, and the profit-sharing arrangement was terminated].

 

Complaints

COMPLAINTS

1. Breach of shareholders’ agreement and/or common understanding

2. Exclusion from management

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