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Removing troubling share holder
01-Sep-2023 (In Startup Law)
Is it Possible to remove a troubling Shareholder with 32 percent equity, who is also Director ?
Pls note on his will fullness he is resigning from directorship.
My self and replacement director hold combined 64 percent equity.
We do not have founders agreements as such.
Kindly guide me to save the company and get back the equity . He not accepting for settlement with face value.
E
Thanks
It’s possible and it has to be done in proper manner for further avoidance of disputes to remove him but we have to pass resolutions and prepare legal and other corporate agreements also conduct meetings present to board and other corporate formalities are there so better can contact me for me for further proceedings
Helpful?
Adv. Nikhil Singh
Belgaum | 100+ Answers
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