Rights of shareholder in pvt ltd company

Pvt ltd 6415 views 5 replies

urgent help
 

I have a query. i need to know what are the rights of a shareholder, holding more than 51% bt less than 75% shares in a Pvt ltd company. The Company can also be a subsdiary of a public company.

Moreover i also need to know, what are the rights of the other shareholde, who holds 49% or less shares in Pvt Ltd Co.

Help me quick plzz..

Replies (5)

Answer1 U know decision are taken on the basis of majority in a Company. So the person who hold more than 51% shares have the major control over the affairs of the Company specially when such person is a Body corporate. Such Body corporate have right to appoint its Director at the Board of company of which it holds Such No. of shares. Now u can easilly assume what will happen means decision taken by Board may be more favorable to which.

Answer 2: Ya A company can become subsidiary/Holding Company  of a public  or Private co. This criteria based on Shareholding i.e. Holding 51% or more shares or control over other Company 

Originally posted by : Nidhi Jain

Answer1 U know decision are taken on the basis of majority in a Company. So the person who hold more than 51% shares have the major control over the affairs of the Company specially when such person is a Body corporate. Such Body corporate have right to appoint its Director at the Board of company of which it holds Such No. of shares. Now u can easilly assume what will happen means decision taken by Board may be more favorable to which.

Answer 2: Ya A company can become subsidiary/Holding Company  of a public  or Private co. This criteria based on Shareholding i.e. Holding 51% or more shares or control over other Company 

Thanks Nidhi and Yeah you are correct, but my query was to know the rights availble to the persons holding more than 51% shares in a Pvt Co. I want to know what the rights avaible under the corporate law regime. Help me if you are aware of any such rights..

Sir, I would like to know if the shareholders in Pvt. Ltd. co. is not given share certificates in original, how to get them from the company when the management is not listening and has bad intentions. Can the management on its own transfer the same unlawfully?

Company has never sent Audited Balance sheet nor meeting notices.

What possible recourse of action is available.

1. Sir, I would like to know if the shareholders in Pvt. Ltd. co. is not given share certificates in original, how to get them from the company when the management is not listening and has bad intentions. Can the management on its own transfer the same unlawfully? Company has never sent Audited Balance sheet nor meeting notices. What possible recourse of action is available.

2. My allotment has been done for 10,000 shares at the rate of Rs.10 share value out of 50,000 shares in total, under 2nd term capital rise of Rs.5,00,000.
Could you please let me know  
-> What all the rights I might have on this total intellectual property of the company and
-> What are the conditions to withdraw my share amount

Thank You,
SivaPrasad. T
Hyderabad, A.P
9052562222

What are the special rights or rights to shareholders having share of 25% or more 


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