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My business partner and I set up a small IT company. He organized and formed the company I just signed the documents so I am not sure how the whole system works. We have now had a falling out and I want leave the company and resign as a Director. The problem is, we have one client and if I leave the company, the project I have been working on will come to a halt and there is a possibility they may sue the company. My question is, if they file legal proceedings after I have resigned, will I still be held liable? Or would it be the remaining directors responsibility to find a replacement for me?

Category:  Business Matters, Business Reorganization

Region: South Africa, Western Cape