Ownership issues: 23 FAQs

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1. What are my rights as a shareholder in a private limited company?
2. Can different shareholders have different rights?
3. As a minority shareholder, am I protected against being treated unfairly?
4. Are there any key proportions of shares that affect my rights?
5. If an outside investor takes shares in the company, would my rights be affected?
6. Can I prevent shares being sold to other investors?
7. What are my obligations and liabilities as a shareholder?
8. As a shareholder, what right do I have to choose the company's directors?
9. Can the shareholders overrule the board of directors?
10. Do I have any rights as a company director?
11. What are a company's articles of association?
12. Does a company need to have a shareholders' agreement?
13. If the company offers someone else shares at a lower price than I was asked to pay, can I complain?
14. If an employee or director leaves the company, can they be forced to give up or sell their shares?
15. Can I stop another shareholder transferring their shares to someone else?
16. Can I transfer shares to another member of my family and can this reduce my tax bill?
17. What happens to my shares when I die?
18. How can I enforce my rights?
19. Are all partners in a partnership equal?
20. What are the key terms in a partnership agreement?
21. What happens if there is no written partnership agreement?
22. What rights do I have if I lend money to a business?
23. Do I need any special documentation if I lend money to a business?

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