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A shareholder in a company enjoys certain rights, which are as follows:

» to receive the share certificates, on allotment or transfer as the case may be, in due time.
» to receive copies of the abridged Annual Report, the Balance Sheet and the Profit and Loss Account and the Auditors' Report.
» to participate and vote in General Meetings either personally or through proxies.
» to receive Dividends in due time once approved in General Meetings.
» to receive corporate benefits like rights, bonus etc. once approved.
» to apply to Company Law Board (CLB) to call or direct the Annual General Meeting.
» to inspect the minute books of the General Meetings and to receive copies thereof.
» to proceed against the company by way of civil or criminal proceedings.
» to apply for the winding- up of the company.
» to receive the residual proceeds.
» other rights are as specified in the Memorandum and Articles of Association available on the website www.crisil.com
 
Besides the above rights, an individual shareholder also enjoys the following rights as a group

» to appoint the Directors and Auditors of the company.
» to requisition an Extra-ordinary General Meeting.
» to demand a poll on any resolution.
» to apply to CLB to investigate the affairs of the company.
» to apply to CLB for relief in cases of oppression and/or mismanagement.
 
You may note that the above mentioned rights may not necessarily be absolute.
 
 
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