TMI BlogREMOVAL OF SHAREHOLDERSX X X X Extracts X X X X X X X X Extracts X X X X ..... A Pvt. Ltd. Co. has six shareholders out of which four shareholders holds 70 percent of total shares while other two shareholders holds remaining 30 percent . Shareholders who holds 70 percent sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ares want to remove shareholders show holds 30 percent . 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shareholders who holds 30 percent shares can be brought to 2 percent or 3 percent . - Reply By MARIAPPAN GOVINDARAJAN - The Reply = There is no provision in the Companies Act to remove the share ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... holders. Their shares may be bought. If they are not willing to sell their shares further shares may be issued as to reduce the percentage of them. - REMOVAL OF SHAREHOLDERS - Query Started By: - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... S.C. WADHWA Dated:- 7-4-2014 Corporate Laws / SEBI / LLP - Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|