Skip to content


Shareholders - Law Dictionary Search Results

Home Dictionary Name: shareholders

Shareholder

Shareholder, word 'shareholder' can mean only a registered shareholder. It is difficult to see how a beneficial owner of shares whose name does not appear in the register of shareholders of the company can be said to be a 'shareholder'. He may be beneficially entitled to the shares but he is certainly not a 'shareholder'. It is only the person whose name is entered in the register of share-holders of the company as the holder of the shares who can be said to be a shareholder qua the company, and not the person beneficially entitled to the shares. It is the former who is a 'shareholder' within the matrix and scheme of the company law and not the latter, Rameshwar Lal Sanwarmal v. Commissioner of Income Tax, AIR 1980 SC 372: (1980) 2 SCC 371 (376): (1980) 2 SCR 369. [Income Tax Act, 1922, s. 2(64)(e)]One who owns or holds a share or shares in a company, esp. a corporation, Black's Law Diction-ary, 7th Edn., p. 1380....


shareholder control agreement

shareholder control agreement : a written unanimous agreement of shareholders that transfers control of specified areas of corporate governance (as election of directors and officers, issue of dividends, employment of shareholders, or arbitration of disputes) from directors and officers to the shareholders ...


Member, shareholder and holder of a share

Member, shareholder and holder of a share, the scheme of the Indian Companies Act, 1913, shows that the words 'member', 'shareholder' and 'holder of a share' have been used interchangeably. The words 'holder of a share' are really equal to the word 'shareholder', and the expression 'holder of a share' denotes, in so far as the company is concerned, only a person who, as shareholder, has his name entered on the register of members, Howrah Trading Co. Ltd. v. Commissioner of Income Tax, AIR 1959 SC 775: (1959) Supp 2 SCR 448....


majority shareholder

majority shareholder : a shareholder who alone or in combination with others controls a majority of the outstanding shares in a corporation ...


minority shareholder

minority shareholder : a shareholder whose proportion of shares is too small to confer any power to exert control or influence over corporate action ...


shareholder resolution

shareholder resolution : a formal resolution by shareholders ratifying or requesting a specified action by a corporate board ...


shareholder

shareholder : one that owns a share in a fund (as a mutual fund) or property ;esp : stockholder see also derivative action, equity, proxy contest share·hold·ing adj or n ...


shareholder's derivative suit

shareholder's derivative suit : derivative action ...


shareholders

shareholders A person who owns stock in a corporation with certain legal rights attached. Source: FindLaw ...


shareholders' meeting

shareholders' meeting : annual meeting ...


  • << Prev.

Sign-up to get more results

Unlock complete result pages and premium legal research features.

Start Free Trial

Save Judgments// Add Notes // Store Search Result sets // Organize Client Files //