Menu
keyboard_backspace
ask a question ask a question
Get Realtime Updates of your Request. Download Vidhkarya App

Ask a Question - Free Legal Advice

Q.irregularity in issue of rights share in private limited company
Administrative Law (422)
Adoption (118)
Advertising (45)
Animal Laws (38)
Arbitration and Mediation (38)
Aviation (15)
Banking (518)
Bankruptcy and Debt (171)
Cheque Bounce (379)
Child Custody (147)
Civil (1945)
Commercial (68)
Consumer Protection (548)
Contracts and Agreements (452)
Corporate and Incorporation (91)
Criminal (1517)
Customs, Excise (34)
Cyber, Internet, Information Technology (320)
Debt and Lending Agreement (76)
Debt Collection (142)
Divorce (472)
Divorce and Separation (1599)
Documentation (298)
Domestic Violence (546)
Election Campaign and Political Laws (20)
Employment and Labour (1046)
Environment and Natural Resources (29)
Family (1851)
Financial Markets and Services (89)
Government Contracts (51)
Human Rights (255)
Immigration (54)
Industrial Laws (51)
Insurance (67)
Intellectual Property, Copyright, Patent, Trademark (98)
International Laws (11)
IT Contracts (41)
Juvenile (17)
Landlord and Tenant (576)
Licensing (21)
Mail Fraud (14)
Maternity (57)
Media, Communication, Entertainment (16)
Mergers and Acquisition (20)
Military Laws (9)
Motor Accident (132)
Muslim Laws (56)
Outsourcing Agreement/Laws (5)
Partnership (58)
Police Laws (60)
Power of Attorney (74)
Privacy (89)
Property (2738)
Real Estate (402)
Registration (134)
RTI (110)
Sale (57)
Sale of Goods (20)
Sex Crime (136)
Sexual Harassment (6)
Sexual Harassment at Workplace (69)
Software License (4)
Tax (13)
Tax-GST (6)
Tax-Income Tax (22)
Tax-Property Tax (30)
Telecommunication (10)
Torts (16)
Transportation (49)
Trust and Society (NGO) (80)
Will (142)
Work Permits (30)

Q. irregularity in issue of rights share in private limited company

I would like to know what legal / under companies act action can be taken on private limited company / directors for not sending the information / application details for right issue of shares.

We came to know about right issue after months from some other shareholder but I was not sent any information so I loose the chance to buy the right shares.

In the process I lost good opportunity to make money.
Share this questionShare Icon

Showing 1 of 1 Responses

A. Hello there,
Have you asked the Director about this issue, and if not then Ask him " Why doesn't he complied with procedure" through a legal Notice, by an Advocate .

Found Helpful
Found Helpful
Share this answerShare Icon

Neeraj Kumar

Experience: 1 Year(s)

Responded 10 months ago

View All Answers
View {{count[0]}} Reply
Placeholder image

Anonymous

Replied 10 months ago

When I asked him, he gave very vague answer that he thought I may not have money to invest and then I came to know that he has purchased the shares ( my right issue ) by himself.

He has also taken my signature on renouncing my rights of right shares and told me, what ever loss is incurred will be made good by him and now he is not honoring his commitments.

Under what section we can send a legal notice and what is the punishment ? if proven ?

Reply
Talk to a Lawyer
Post Your Matter
Request Callback
Contact Us