Solicitor for Corporate Law in Pieta’

I’ve just been appointed company secretary of a small private company in Malta, mostly as a formality since I’m also a shareholder. I don’t have a clear picture of what this role actually legally requires of me day to day, beyond just being a named position on paper.

My business partner and I agreed verbally, before we even registered the company, on how profits would be split and who would handle which responsibilities. We never put it in writing. Now that the company has grown, he’s disputing what we originally agreed. Does a verbal agreement like this actually count for anything?

Our company in Malta has three directors, and two of them recently signed a significant supply agreement on the company’s behalf without holding any formal board meeting or passing a resolution. The third director, who wasn’t consulted, is now questioning whether the contract is even valid. What does Maltese company law say about this?

I’m a director of a small limited company in Malta that has been struggling financially and is now behind on payments to a supplier. The supplier is threatening to come after me personally rather than just the company. I thought the whole point of a limited company was that my personal assets were protected. Is that not always true?

My business partner and I set up a company together in Malta where I hold 70 percent of the shares and he holds 30 percent, but under the articles of association certain decisions need unanimous shareholder approval. He is now refusing to approve anything, including basic operational matters, seemingly out of spite after a personal disagreement. Can I do anything about this?

I’m a director and minority shareholder of a company in Malta, and the other shareholders, who together hold a majority, are now threatening to remove me from my director position after a disagreement over business strategy. Can they actually do this without my agreement?

A fellow director of our company in Malta formally resigned in writing over a month ago, but when I checked the public register recently, his name is still listed as an active director. Does this create any legal risk, and whose responsibility is it to fix this?

I registered a company in Malta two years ago but it has been completely dormant, no income, no expenses, nothing. I assumed I didn’t need to file anything since there was nothing to report. I recently got a letter mentioning penalties. Was I supposed to file something anyway?