Legal Question in Business Law in India
if an entity is being blacklisted, is it possible that a shareholder without getting any show cause notice individually be barred/ blacklisted automatically?
Asked on 1/08/16, 12:42 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
08.01.2016
Dear Sir / Madam,
No. If an entity is being blacklisted, the Board and the Management of that entity will first be blacklisted, not the general shareholders.
Regards,
Answered on 1/08/16, 7:30 am
Related Questions & Answers
-
When the fair market value of pledged shares are determined, whether before the... Asked 1/07/16, 3:03 am in India Business Law
-
I would like to start a massage spa in Tamil Nadu Cities. At same time I prefer to... Asked 1/06/16, 10:02 pm in India Business Law
-
Is opening a beauty parlor in basement of a house in residential area of gurgaon... Asked 1/05/16, 2:18 am in India Business Law
-
I widrawa office expences amount by barer cheque given by proprietor since 18 months... Asked 1/02/16, 4:59 am in India Business Law
-
I am software engineer by profession, I am planning to buy agricultural land in... Asked 12/31/15, 3:54 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.
