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Authors: 1-Dr.Halmat Muhammad Asaad 2-Dr. Sdqi Muhammad Amin 3-Dr. Huda Esmat MuhammadAmin
Abstract: The shareholder is the person who invests his money in the joint stock company in order to benefit from the rights conferred upon him in connection with the company and acquiring the status of the shareholder. What connects the shareholder to the private joint stock company is the share issued by the company to prove his rights in the company and enables him to enjoy his rights.
Among the financial rights of the shareholder is his right to receive profits and rewards, and his right to dispose of his shares, whether these actions are the transfer of ownership or non-transfer of ownership (giving shares as security), as well as having preferential rights to subscribe to new shares when increasing the company’s capital. Also his right to share the assets of the company upon liquidation. All these rights are of public order and legislated in peremptory texts, and therefore may not be infringed or violated, and whatever issued in its contravention is null and void.
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doi:10.23918/ilic2018.15
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Journal of Law and political science
ISSN: 2079-3901
16th year , No.(23), 10 May 2018
Vol.(1): Special Issue