Shareholder Liability After Resignation

Summary

As a former minority shareholder with a no dues certificate, you likely have no further obligations. The performance clause in your original agreement does not apply post-resignation. Consulting a lawyer can provide precise legal advice on your situation.

Full Conversation

Yes I do have no dues certificate. Yes performance clause was part of orginal agreement
Got it. Since you have the no dues certificate and the performance clause was part of the original agreement, it is important to understand the specific terms of that clause.
- Did the performance clause mention any time limits or conditions that might still apply after your resignation?
These details will help in determining your liability, if any.
no there was no clause mentioning that the terms will apply after. Resignation . Resignation happened in aug *. now they are getting reatless
Given your situation, here are some key points to consider:
- The "No Dues Certificate" indicates no further obligations.
- The performance clause in the original agreement does not specify post-resignation applicability.
You might need to consult a lawyer for precise legal advice. Would you like to be connected to a local lawyer who can assist you further?