Power of attorney of shareholer

Dushyant Pandya (Querist) 23 December 2016 This query is : Resolved
What are the Powers of the PoA of shareholder and defined under which section or rule

Up to what extend the PoA act and deal with the company on behalf of the shareholder

Please help and/or advice for better clarity

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Rajendra K Goyal (Expert) 23 December 2016
Academic query, no reply.

State material facts of the problem if any.

How are you concerned / related with the query?

Dushyant Pandya (Querist) 24 December 2016
One of the PoA of shareholder sending email for share transfer of their respective shareholder and thereafter, calling continuously for doing needful. Even we are doing due procedure of verification and same is highlighted as delay before SCORE. So willing to know the rights of PoA of the Shareholder provided under law.

Please help and/or advise

Rajendra K Goyal (Expert) 24 December 2016
The language of POA need to be referred.

May get legal opinion from your legal cell / legal adviser before proceeding.

DR.VEDULA GOPINATH (Expert) 25 December 2016

Mr.Dushyant Pandya
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At the outset, you should be humble in seeking reply. Your tone looks like we experts are students and you are a disciplined teacher. Please change your attitude.You failed to give subjective details and instead asking a section and rule as if you are a Hon. Judge questioning an advocate during arguments.

If you are really the shareholder or P.A. Holer, contact the concerned company and its company secretary to know how to go about.

cs Dr Vedula Gopinath advocate/Arbitrator

Guest (Expert) 25 December 2016
Precisely and Perfectly Advised by Senior Experts/Advocates Mr.Rajendra K.Goyal and Dr.Vedula Gopinath.

Dushyant Pandya (Querist) 26 December 2016

not getting information so considering the same as unanswered resolved.

Thanks a ton

Guest (Expert) 26 December 2016
Mr. Dushyant Pandya,

Unless you are able to challenge the validity of POA on merits, you are required to act upon the POA, depending upon the provisions made in that.

Dushyant Pandya (Querist) 27 December 2016
Dear Dhingra Sir

Thanks a ton for your prompt advise

High Regards

Guest (Expert) 27 December 2016
Dear Shri Dushyant Pandya,

Thanks for the appreciation.

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