Rights of a share holder in Pvt. Ltd. Company

RIGHTS OF SHAREHOLDER

Only a person whose name is on register can exercise privileges of a member. Some of the rights of a shareholder are:

(i) to elect directors and thus to participate in the management through them;

(ii) to vote on resolution at meetings of the company;

(iii) to enjoy the profits of the company in the shape of dividends;

(iv) to apply to the Court/Tribunal for relief in the case of oppression;

(v) to apply to the Court/Tribunal for relief in the case of mismanagement;

(vi) to apply to the Court/Tribunal for winding up of the company;

(vii) to share in the surplus on winding up;

(viii) the right to vote at all meetings;

(ix) the right to requisition an extraordinary general meeting of the company or to be a joint requisitionist;

(x) the right to receive notice of a general meeting [section 172];