What Are Shareholders Duties?

Answer

The main duty of shareholders is to pass resolutions at general meetings by voting through their shareholder capacity. This duty is particularly important as it allows the shareholders to exercise their ultimate control over the company and how it is managed. Only certain acts can be done by the shareholders such as authorising a service contract for a director. Their main role is to attend meetings so as to ensure the directors do not go beyond their powers.
1 Additional Answer
Ask.com Answer for: what are shareholders duties
Shareholders are, through their investment in the corporation, entitled to elect the Board of Directors. If shareholders are not satisfied with the directors, they may remove the directors.
Shareholders normally do not participate directly in corporate decision-making.
Q&A Related to "What Are Shareholders Duties"
The general duties of every shareholder are presumed and not necessarily required by the law of equity and trust. Since shareholders are mere investors who obtain benefit from investing
http://www.ehow.com/info_8092599_shareholders-duti...
It is not management that has this responsibilty per se, but the owner of an incorporated busines selling stocks. Such businesses MUST make money for their shareholders as part of
http://wiki.answers.com/Q/What_does_it_mean_that_a...
Duty of care, duty of loyalty, duty of disclosure.
http://answers.yahoo.com/question/index?qid=200907...
You'll need to provide more details and facts in order to properly answer your question. However, most likely things will depend on how you dissolved or "wound up" the business
http://www.avvo.com/legal-answers/what-duties-does...
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