Shareholder Deadlock

Asked in Company or corporations

  • Amar Singh

    Bangalore

Expert's Answers(4)

  • Advocate Raj Sinha

    Muzaffarpur, Bihar
      3 Client Ratings

    If your Company is registered under Company act then every director have to purchase share....but it seems that it is your partnership firm and any partner wants to disolve the firm, they may proceed by legal way.....send a legal notice to all partner regarding desolvency of firm, if they agree then good otherwise go to civil court and file a case......

    November 15, 2020
  • xxxxx cxxxxx

    Bengaluru, Karnataka
      184 Client Ratings

    Dear Sir, If it is a partnership firm you may approach Civil Court and get your share otherwise go legally as per the provisions of company Act. Please give me rank after viewing my details. Please call me for further assistance.

    November 13, 2020
  • Advocate J L Naagar

    Jalandhar, Punjab
      169 Client Ratings

    Your immediate step is to file a Petition before the Hon'ble High Court to get an appropriate order in this regard so that You are not hurt unnecessarily for no fault of yours. It will save the situation. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

    November 13, 2020
  • Advocate Srinivas G D

    Bengaluru, Karnataka
      19 Client Ratings

    Amar Singh you must be a Sleeping Director I presume. Before taking any course of action, think can you run the company without your Business Partner involvement. If you can buy his share. As per rule Single person cannot run a Company . Contact me for further details on this Forum.

    November 12, 2020