Further, there should be a clause that Vet bod like dad bod but with more knee pain America Flag vintage shirt specifies the number of votes needed for any action to be enforced as well as a quorum. Ownership has little to do with corporate decisions. It is the type of shares you have that matters. You could own 50% of the company yet have all the voting shares or no voting shares. This is usually the case in companies where one person funds the startup and hires a CXO who is in charge of programing for example yet is given shares in the company in lieu of a high salary. The absence of “articles-of-association” could complicate your position since there is no clear allocation of power regarding corporate decisions unless you signed a contract with the CFO spelling out his/her duties and they have not performed to the standards spelled out in the contract. The easy option in absence of “articles of association” or a “contract” is to buyout the shares of the CFO. If the company has loans and you both signed personal guarantees be prepared to assume 100% of the guarantees once the CFO is out. This could also exist if you signed credit with major suppliers. That could be a leverage of taking over the personal guarantees in lieu of a cash buyout. There are a many negative implications when the finance head of a company is fired or s/he quits. Not having all the facts here, I would say be prepared to have a statement to calm the nerves of your constituents once they find out you terminated/fired the CFO.