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Shareholders & Stakeholders

Shareholders & Stakeholders

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Published by keertheswaran

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Published by: keertheswaran on Feb 22, 2010
Copyright:Attribution Non-commercial

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09/30/2010

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Unit 2
Shareholders and Stakeholders
 
Shareholder Rights
Ø
Voting rights (one vote for one share)
Ø
Get sufficient relevant information from management.
Ø
Right to share in the profits of the company.
Ø
Right to obtain copies of memorandum and articles
Ø
Right to have the certificate of shares held by him within3 months of the allotment
Ø
He has the right to transfer his shares or other interestsin the company subject to the manner provided bythe articles of the company.
Ø
The right to inspect the register and the index of members, annual returns etc.
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He is entitled to receive the notices of general meetingsand to attend such meetings and vote either inperson or by proxy.
Ø
 
Shareholder Rights
Ø
He is entitled to receive copy of statutoryreport, annual report, annual accounts andauditors’ report
Ø
Right to participate in the appointment of auditors and the election of directors at theannual general meeting of the company
Ø
The right to make an application to the companylaw board for calling annual general meeting,if the company fails to call such a meetingwithin the prescribed time limits.
Ø

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