rani
(Querist) 08 March 2012
This query is : Resolved
If an individual who owns a company or form part of the group which runs a company has been charge sheeted for misrepresentation of facts , can he be denied the rights of doing business till he is acquitted?
Shonee Kapoor
(Expert) 08 March 2012
He is well within his rights to continue doing business.
However, if he is part of a group, the other members can decide to exclude him by paying his share/ buying his shares in the company. Or can well deny him to have a working position in the company.
Regards,
Shonee Kapoor harassed.by.498a@gmail.com
rani
(Querist) 09 March 2012
Thanks Mr. Shonee kapoor
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