What are the rights of a shareholder?

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What are the rights of a shareholder?
Shareholders are the actual owners of the company as they hold part of the share capital of a company. Being a shareholder of the company you have certain rights to know about your company. Here are the few rights which you should be aware of as a shareholder. 

• To receive the shares on allotment or purchase within the stipulated time

• To obtain copies of memorandum

• To receive copies of the Annual Report containing Balance Sheet, Profit & Loss Account and Auditor's Report

• To receive dividends in due time

• To receive approved corporate benefits like rights, bonus, etc.

• To receive offer in case of takeover, delisting or buyback

• To participate/vote in general meetings.

• To inspect the statutory registers at the registered office of the company

• To inspect the minute books of the general meetings and receive copies.

• To complain and seek redressal against fraudulent and investor unfriendly companies

• To proceed against the company, if in default, by way of civil or criminal proceedings.

Source: NSE

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Read more about: shareholder
Story first published: Wednesday, April 10, 2013, 10:56 [IST]
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