Division among partners and directors and shareholders

syed niaz ahmed shah (Querist) 18 August 2015 This query is : Resolved
can any partner or director arbitrarily without settlement of accounts or acceptance of the date for division takeover a company or firm and by fraud change the shares of the company or partnership without the knowledge or attorney of the person whose shares have been changed .
what should the Arbitrator if made do , whether to accept the date of division or verify the facts and if facts are correct as said above can the guilty be booked under any criminal act and partnership act and companies act

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