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rights of other shareholdrs in a joint property
22-Oct-2023 (In Property Law)
Dear Madam / Sir,
I have a very specific query that can a shareholder sell his share of the land if there is no demarcation of the proposed land on his own without the consent of other co owners .Also if there is any guideline for this.
Regards
I assume that you mean a shareholder in a company. Then the shareholder cannot sell anything except his shares as he has no title of the land and only the company does. If you mean a shareholder in a family property, then more facts are required.
Helpful?
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