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II. Share Holders - Coggle Diagram
II. Share Holders
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Duties of a Shareholder:
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(d) Follow decisions made by the majority of members, except if they are acting maliciously or fraudulently
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Members' Rights
A. Statutory Rights
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- They can also inspect registers
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- participate in appointments
- participate in winding-up process.
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Share Certificate: section 84- A share certificate is a certificate issued by the company under its common seal specifying the share held by any member. It is an evidence of the title of the allottee or transferee of shares.
Share warrant: bearer document issued by the company under the common seal of the company stating that the bearer is entitled to the shares mentioned therein.