Quote maurice="maurice"I understand that a shareholder has legal rights that provide annual accounts at least, but I am sure Toadstool will confirm the position.
My cheque is now at St Helens Rd'"
I don't know what percentage the LISA shareholding represents as there are additional rights as this increases but the basic rights of every shareholder include -
The right to ask the court to call a General Meeting - CA 2006, s 306
The right not to be unfairly prejudiced - CA 2006, s 994
The right to have the company wound up provided that it is just and equitable to do so
The right to vote - CA 2006, s 284
The right to receive notice of general meetings - CA 2006, s 310
The right to a dividend if one is declared (NB - Directors have power (but are not obliged to) declare a dividend. Members cannot vote to pay themselves more than the directors have recommended) - Model Articles, Article 30
The right to a share certificate (NB - This right Depends on the Articles of the company) - CA 2006, s 769
The right to have his name entered on the Register of Members - CA 2006, s 113
The right to a copy of the Annual Accounts - CA 2006, s 431
The right to an AGM (NB - ONLY IF IN ARTICLES)
The right to inspect Minutes of General Meetings - CA 2006, ss 248, 355 & 358
The right to inspect the register of members and index of members' names without charge - CA 2006, s 116(1)(a)
The right to require a copy of the register of shareholders within 10 days of the request subject to a charge - CA 2006, s 116(2)
The right to inspect the register of directors service contracts without charge - CA 2006, s 229(1)
NB - Registers to be maintained at a Company's Registered Office
