Regarding shareholding

This query is : Open

Guest

Guest (Querist)

10 October 2014 Respected Sir,
i along with three persons decided to invest in a private limited company. it was decided that all will invest an amount and obtain 76% shares in the company. but i have only invested the whole amount in the company. and the other persons are also claiming shares in the company. they also misutilized the investment made by me in the company. they purchased raw material and sold the finished goods in cash. and now letting me to appoint any CA and also no allowing me to start the company. i wud like to know are the also the shareholder of the company????? the three people have not even invested a single penny in the company

Ankur Garg

Ankur Garg (Expert)
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11 October 2014 So you have invested in the existing company. Just tell me have you received any share certificate after allotment of shares?

Was there any formal allotment of shares to you through board resolution. I would suggest you to take professional help and do online inspection of company on MCA site. Download and study form 2 for allotment of shares and form 20B for annual return.

Thanks

Guest

Guest (Querist)

11 October 2014 no i havent got the share certificate. not the other three people got share certificate. so the are not allowing to do any further work in company.
checked with mca but no share holdings there also

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