So it has come to my attention that a shareholder failed to sign their shareholder certificate. This certificate needed 2 signatures (com directors as shareholder is a com) and it's only just been picked up 19 months later when they are causing problems. Question is, are they actually shareholders? They also never paid for their shares (small amount).
Are they legally shareholders?
- Thread starter Fisho
- Start date
-
- Tags
- shareholders
A company signs the shareholder certificate, not the shareholder. A shareholder may need to sign a shareholder agreement but this is a totally different document.
A company may cancel shares at a general meeting if the shareholders have not met the terms under which the shares were issued.
A company may cancel shares at a general meeting if the shareholders have not met the terms under which the shares were issued.