if a minority shareholder having 10% or above can he object any resolution for passing and who is the deciding authority to pass the resolution.
what is minority interest shareholder and their rights and duties under companies act.
Menu
Companies act minority share holder 2% or more or 26%
Replies (2)
when no dividend is declared for long time , can minority share holder ask for the same or issue of bonus shares towards the same
Declaration or recommending a dividend is under the inherited powers of Board and shareholders cannot compel it to be declared ,as it's not a liability of company until not declared ,Same is also applicable to bonus shares ..
Minority shareholders are those who don't have controlling interest/ less than 50% of voting rights ,in the case of oppression and mismanagement then they can file a petition to tribunal..
Minority shareholders are those who don't have controlling interest/ less than 50% of voting rights ,in the case of oppression and mismanagement then they can file a petition to tribunal..
Recent Topic
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
Related Topics
CAclubindia
