Rights of a 51 percent shareholder of a Pvt Ltd company
I am a 51 percent shareholder of a pvt Ltd company and its director another two directors hold 24 and 25 percent of shares in the company. For the transaction in bank account it was resolved in a board meeting that any of two director's signature, out of three will be required. But now as the maximum shareholder I want to make a board resulation so that I only can handle the bank accounts without their signature. Is it possible?
Asked 8 years ago in Business Law
If I give my part of shares to someone who will support in all cases in my favour , then is it possible to execute my wish?
Asked 8 years ago
Is it possible to give the signature authority for bank transaction to a particular director by getting the maximum vote from shareholders and thus make it an resolution?
Asked 8 years ago
How many shareholder is required for such resolution?
Asked 8 years ago
I want to know if the directors having 51 percent share can make a resolution as one or two of them can oparate the bank accounts of a pvt Ltd.
Asked 8 years ago