What a fantactically catchy title for my first post, dont you think?



I am now a 50% shareholder in a Ltd Company that started in June 09

I joined it in July that year for a 25% share at that time (a kind of sweat equity deal and I have since renegotiated to 50%)



The Memorandum and Articles of Assoc document was filled out by the founder of the company and he had a 100% share holding at that time (thru naivette he allotted the whole 1000 shares to himself)



Anyhow, the 'Articles' pretty much follows the bog standard Table 'A' format, but I now need to make a change to this document to say that if myself or my partner die, then a controlling share of the business will passover to the other, giving them overall control



Does this mean we have to resubmit a whole new document, or can it be ammended legally? - and of course how?



Best Regards



DB