According to provisions of the Companies Act relationship between the joint-stock company and stockholders shall be defined with rights and obligations as follows:
- Right to a dividend
- Limitations on payments to stockholders
- Pre-emptive subscription right of the stocks
- Financial Support of the company in acquiring stocks
- Withdrawal and cancellation of stocks due to failure to pay or enter the contribution.
It is also important to emphasize that all shareholders are treated equally under the same circumstances. Continue reading Relationship between the joint-stock company and stockholders