fraudulently transfer share


what legal option are available if a director fraudulently transfer share of other directorby forged signature and document?
 
Reply   
 
Lawyer

Unable to take examination in the absence of facts.

 
Reply   
 


Retired Manager

In what way you are affected by such forged transfer. Are you a whistleblower? In any case, proof of the alleged forgery is required before deciding the legal options.


Total likes : 1 times

 
Reply   
 
Retired employee.

There should be a complaint in writing to the Company secretary, copy to SEBI and also to the company Board with such facts.  The Secretary's duty is to get the matter investigated, including handing over those documents, etc to Police, and get a final decision approved by the board for the cancellation of such illegally transferred shares and for terminating the director for such malpractices.


Total likes : 1 times

 
Reply   
 
Advocate

You have not posted the material facts.

 
Reply   
 

My wife have 40% share in a Private limited company.The other two directors having 60% share and they are husband -wife.They make forged resignation letter of my wife and submitted to MCA ,also transfer 40% share to themselves .
 
Reply   
 
Retired Manager

Shri Prasad gave a detailed reply. Please follow it with the relevant proof duly taking the assistance of an able and reliable Lawyer.

 
Reply   
 
Advocate

The answer is too obvious: Register an FIR as well as bring the matter to the notice of RoC. Perhaps, and most probably, there are deeper issues.

 
Reply   
 

LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  


 

  Search Forum








×

Menu

Post a Suggestion for LCI Team
Post a Legal Query
Muslim Personal Law     |    x