What Are The Rights Of Shareholders?

These rights are grouped into two broad categories:
Individual rights
Group rights
These are now discussed in brief:
Individual rights of the shareholders:-
He is entitled to receive the dividend as declared by t he company.
He can sell his shares at will in stock market.

He possesses the voting right in person or by proxy.
He can freely take part in the policy making process of the company in the annual meetings.
On the death of the shareholder, the share will be transferred to the nominee.
He can inspect company books and record as per provisions of the articles
Group rights of the shareholders:-

They, as a group, determine the objectives and policies in the annual general meetings of the company.They have the rights to discuss, approve or disapprove the work done by their elected representative in the annual meetings of the company.The shareholders have the right to discuss director's report, profit and loss account and balance sheets of the company in the meeting.The shareholders elect the directors in the annual general meetings.The accounts are audited by the auditors, who are appointed by the shareholders. They, shareholders, however, cannot inspect the books of account.The shareholders have the right to inspect and copy the statutory book.