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Commercial Law - Is Company Obligated to Give Ledger to Shareholders?

Discussion in 'Commercial Law Forum' started by sunnycalifornia, 23 January 2016.

  1. sunnycalifornia

    22 January 2016
    Likes Received:
    Is there any obligation of a company to give the ledger of privately held shares to a shareholder on their request under Commercial Law? Does it matter what percent the requester has?
  2. Victoria S

    Victoria S Well-Known Member

    9 April 2014
    Likes Received:
    Is it a pty ltd company? If you're a shareholder, then you can request it. You should have been given a copy of the company's constitution and/or the shareholders agreement which also would state your rights and a certificate setting out your holding. If you're not a shareholder, you can't as it's a privately owned company.
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    sunnycalifornia likes this.

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