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Kalpana Kumari
3 years ago
I am a shareholder partner in one company. Having 33.66% of shareholding. One director and CEO of the company is authorised signatory for bank transactions. There are some expense made by them which is not under consideration. And also they have not processed the agreed renumeration for this month Feb 2021. But processed for their own. They have did it due to some disputes. I have a doubt they can move the fund into other accounts. I want to freeze the bank account till the closure of disputes. How I can do.
A.As u are shareholder partner in one company Having 33.66% of shareholding then u can hold a meeting for the same to resolve the issue or else u can freeze the accounts by giving letter in writing.
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ADV. ANISH PALKAR (High Court)
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Hope this information is useful
ADV. ANISH PALKAR (High Court)
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
You will have to bring up this issue at the Board meeting or your company's equivalent of the same. Raise a motion to freeze these accounts, the procedure will have to be in compliance with the Company's Memorandum and Articles of Association.
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You will have to bring up this issue at the Board meeting or your company's equivalent of the same. Raise a motion to freeze these accounts, the procedure will have to be in compliance with the Company's Memorandum and Articles of Association.
If you found this helpful, please rate us.
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A.Hi,
You will have to bring up this issue at the Board meeting. As one of the majority shareholders, you have a right to enquire about the finances of the company. A resolution will have to be taken on accordance with the Company's Memorandum and Articles of Association.
If you found this helpful, please rate us.
You will have to bring up this issue at the Board meeting. As one of the majority shareholders, you have a right to enquire about the finances of the company. A resolution will have to be taken on accordance with the Company's Memorandum and Articles of Association.
If you found this helpful, please rate us.
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