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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