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Removal of shareholders

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 April 2014 A Pvt. Ltd. Co. has six shareholders out of which four shareholders holds 70 % of total shares while other two shareholders holds remaining 30% . Shareholders who holds 70% shares want to remove shareholders show holds 30 %. Please tell whether this is possible. If so, what is the procedure.
If this is not possible, is there any means that value of shareholding of shareholders who holds 30% shares can be brought to 2% or 3%.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
07 April 2014 well one way is to issue more and more shares to fresh set of individuals..
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