Question

What are the rights of members of the company???
explain in 30-40 words..


no spams. ​

Answer 1

Answer:

The rights of the members of the company is to keep trying for the best in keeping the work properly.

The product the company provides should be good

Answer 2

Rights Of Members :-

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( 1 ) RIGHTS OF ACCESSING BOOKS AND DOCUMENTS :

▶️A member can get the copies of Memorandum and Articles of Association. Member can also inspect registers of members, Debenture holder, charges, investments, minutes books of all the General Meetings.

( 2 ) RIGHT TO PARTICIPATE IN GENERAL MEETINGS :

▶️Members hold exclusive powers to decide at meetings of members on particular matters.

( 3 ) RIGHT TO APPOINT A DIRECTOR :

▶️ Members can appoint the directors by the process of voting. ( mostly the poll method is used for electing a representative as a director ).

( 4 ) RIGHTS TO REMOVE A DIRECTOR :

▶️ Members can remove the director anytime if the director proved inefficient or founded bankrupt.

( 5 ) RIGHTS TO RECEIVE SURPLUS ASSETS :

▶️ In the event of winding up of the company,

member is entitled to get shares of surplus assets of the company.

( 6 ) SHAREHOLDING RIGHTS :

▶️ These rights includes rights to receive share certificate, transfer if shares, to get Rights Issues and Bonus Issues Shares.

Hence,

These were the points about the rights of Members of the company.