A shareholder holding only 0.001% shares cannot be permitted to ...

Minority Shareholder with 0.001% Ownership Cannot Block Approved Scheme Supported by 99% Majority and Compensated Minority.

May 20, 2013

Case Laws     Companies Law     HC

A shareholder holding only 0.001% shares cannot be permitted to hold the company to ransom where 99% of the shareholders have accepted the scheme and the majority of the remaining shareholder comprising 1% have accepted the scheme and taken the moneys in lieu of their shares. - HC

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