26 December 2007
is there any way by which a company can acquish(take) the shares from its sharesholders without the shareholders wish ? the applicable section and the treatment regarding this is bonafide act in the view of law and as well as companies shareholders ?
27 December 2007
It is not possible to take away one's property without the owner's wish, unless it is a pledged property (as security for finance)by the owner and the pledgee takes it over in accordance with law when the borrower fails to repay the debt.
CAclubindia
