I desperately need urgent advise on the following two Issues.
1. We are 3 Brothers holding 15% stake in a private limited company and the company for the last 7 years has been transferring all the profits to the general reserve without paying any dividends at all. Can we Demand that all at least 75% of the reserves be issued as dividends.
2) we are literally being blackmailed into selling our shares for a very meager amount and if we go legally the process would be very lengthy so can we settle and then sue them for an unfair settlement?
3) They have been holding on to our unsecured interest free loans too stating that the bank has a right over these and these are treated as Quasi Capital though nothing is provided in the AOA Or MOU. Kindly help. Regards Asif
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