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Rights of minority directors in a private limited company
10-Jul-2023 (In Corporate Law)
I am holding 30 percent shares in a private limited company. What are my rights as compared to.the person holding balance 70 percent. Can he throw me out of company ?
Do you hold any position in the company, if yes then if you are the director of the company then if there are more than 2 directors then he can remove you from that role. but cannot forcefully buy/ transfer the share allotted to you.
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Adv. Varun Papireddy
Bangalore | 100+ Answers
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