What is Majority of shareholder?

oyayubihime (Querist) 12 May 2011 This query is : Resolved
I am a director and 95% shareholder. There is one more director, he has 5 % shareholder also. If he refuse something for company's management,Can not I proseed it?

I have a majority of Share number .
But half majority of person number.

Can I sell my share to other without his sign, agreement?

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Guest (Expert) 13 May 2011
If you have even a single share in excess of the holding of all other individual shareholders, you are the majority shareholder.

You can go ahead to sell a few of your shares and get them registered in the company books.

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