Get UK Law Questions Answered by Verified Experts
1. I regret to say that it is not possible for the two 25% shareholders to outvote the 50% shareholder two to one because all the 50% shareholder has to do is to call a general meeting or emergency meeting and have the votes put to the shareholders. In each situation he will be able to vote his full 50% of the shares, so there will be no possible situation where the two 25% shareholders will be able to outvote him. Essentially, there needs to be agreement between one of the 25% shareholders with the 50% shareholding in order that business get done and the company function properly. But any idea that the two 25% shareholders can get rid of the 50% shareholder and pay him redundancy is fantasy!
Please RATE the Answer positively so that I may get paid