Private Limited company where 9996 shares are held by one shareholder and 4 shares are held by 2 outsiders (2 each) shareholders of the total 10000 shares.
The large shareholder has tried to purchase the 4 shares from the minority shareholders but they are not willing to sell. One of the minority shareholders with 2 shares is also a Director in company.
What other options are available in the Corporate Law for the Majority Shareholder to get these shares from minority holders? This is causing operational complexity for the company. Any help and guidance is appreciated.
CAclubindia
