Legal Question in Constitutional Law in India

Sir, we have a registered private limited company (a small scale mfg. unit) of our family. Me and my wife are only shareholders of 25.97%. Other directors have sold the complete machinery of this company but land which is on the name of company and building, is still unsold but in the possession of other directors along with the complete record. Other directors did not file the annual returns of the company with roc for the last three years but the company is not disolved. Now, i want to know which type of legal powers i have as a shareholder of 25.97% as per company laws? How can i get back and claim for our payment invested in the company at the time of purchasing the shares since it's incorporation? Can i file any police compliant, court-case or complaint with ROC for the payment and possession? Please tell me all the negative and positive points in detail. Thanks. (Anil Kumar Bansal)

Asked on 4/09/12, 12:51 am

Stalin Selvamani S & P Law Associates

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Issue legal notice appropriately.

Answered on 4/09/12, 11:48 pm

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to my mind, winding up of the company seems the option available.

Answered on 4/11/12, 3:59 am

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