Cs company law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 August 2013
The article of a company provided that the shares of a member who became bankrupt would be offered for sale to other shareholders at a certain price,is the provision binding on the shareholders?
8 mark question
8 mark question
Ajay Mishra
(Expert)
15 August 2013
Hi
I think, this the interferance of company in share holders right. It is the right of shareholder to transfer his shares or not. The company can sale his shares if he not paid call money or some other specified conditions.
I think, this the interferance of company in share holders right. It is the right of shareholder to transfer his shares or not. The company can sale his shares if he not paid call money or some other specified conditions.
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