Legal Question in Business Law in India
can i make an agreement with the new share holder to support my future decisions in business in future
i have started up a firm and i am giving 40 percent of the share to my friend due to some reasons and its my idea and my investment. Can i make an agreement with him that he supports me in future? Currently i am the ceo of the company and in future if we are selling 20 or 30 percent of the company to an outside investor. there is a chance for the investor to join hands with my friend and elect a new ceo as their combined share will be more than 50 percent.
Asked on 1/29/15, 1:52 pm
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
30.01.2015
Repeat query. Already answered. You should take further advise and guidance of a Chartered Accountant in your vicinity.
Answered on 1/29/15, 8:03 pm
Related Questions & Answers
-
Dear Sir, I ran business last 01 years in anand travel company .i like to organize a... Asked 1/29/15, 6:06 am in India Business Law
-
I am working 23 year under company secretary as secretarial officer . He has told me... Asked 1/29/15, 12:58 am in India Business Law
-
Can a proprietary firm in india be converted into a firm run by same prop, as karta?... Asked 1/28/15, 6:29 pm in India Business Law
-
How can an existing Pvt. Ltd Company can take over an existing Partnership Firm? 1).... Asked 1/28/15, 6:47 am in India Business Law
-
Dear sir jaise jewellery showroomwalo ko incometax department ka,mithai showroom... Asked 1/25/15, 4:23 am in India Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
