in a private company can one shareholder increase his shareholding without informing other shareholders, therby diluting the shares of other shareholders?
6 Replies
Payal Gupta
(5 Points)
Replied 25 October 2018
How can one shareholder increase his shares without intimating others
(Guest)
I don't think that is possible. Increasing share capital if it is permitted as per Companies Act requires lot of procedures like passing resolution alteration of MoA, registration of alteration with RoC etc...How can just a person do all this by himself without the consent of others.??
Payal Gupta
(5 Points)
Replied 25 October 2018
What are the provisions if one shareholder wants to increase his shares in a private company
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