Egm

This query is : Resolved

PANKAJ (Querist)
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24 December 2013 HIII CAN A SINGLE MAJORITY SHAREHOLDER CONDUCT A MEETING?? BRIEF BACK ROUND IS HERE I PURCHASED SHARES OF THE COMPANY AND I AM THE MAJORITY SHAREHOLDER THE DIRECTORS OF THE COMPANY ARE NOT RECOGNISING ME AS A SHAREHOLDER BUT THE TRANSFER OF SHARES WAS DULY DONE AS WELL I HAVE THE LETTER FROM THE REGISTRAR OFFICE SHOWING THAT CHANGE.....NOW WAT I WAS THINKING TO CONDUCT EGM AND REQUEST THEM TO CONVENE EGM IF NO ONE CAN APPEAR CAN I HOLD THE EGM ALONE AND PASS THE RESOLUTION TO KICK OUT HE DIRECTORS AND PASS THE AGENDA THAT I AM THE NEW DIRECTOR PLEASE GUIDE ME I WILL APPRECIATE

Nikhil Kaushik

Nikhil Kaushik (Expert)
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24 December 2013 you can request for convening the EGM. But you cannot pass resolution in absence of required quorum and 1 person is not sufficient for that.

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PANKAJ

PANKAJ (Querist)
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24 December 2013 Dear Mr. Nikhil

Thanks for your reply and I appreciate for the same then what should be my remedy? And if i go to court what reliefs should i ask for??

Regards
Pankaj

Nikhil Kaushik

Nikhil Kaushik (Expert)
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24 December 2013 you can approach ROC. ask for recognition as shareholder. Then at the AGM, you can vote against the existing directors and move for seat on the board.

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