Shareholders are in essence the owners of a company, whilst the directors run the day to day management of the company. The Companies Acts of 1985 and 2006 provide shareholders with specific rights. A company’s articles of association may confer additional rights to shareholders. It is important that you understand your rights as a shareholder particularly if you believe the directors or majority shareholders are acting to your detriment. Shareholder actions can take the form of unfair prejudice petitions, derivative actions and winding up petitions.
If the company's affairs are being or have been conducted in a manner that is unfairly prejudicial to the interests of the shareholders then a shareholder may seek an order from the court requiring the company to refrain from doing the prejudicial act or provide for the purchase of the aggrieved shareholder’s shares amongst other remedies.Vardags can advise you on your rights as a shareholder, including whether a derivative action or winding up petition should be considered in the circumstances.
In certain circumstances, a shareholder in their own name or on behalf of the company can bring a claim against a director and/or third party for wrongs committed against the company.Vardags can advise you on your rights as a shareholder, including whether an unfair prejudice petition or winding up petition should be considered in the circumstances.
Under the Companies Act, shareholders are entitled to receive a number of company documents including the company’s annual accounts and director’s report within a set period of time.If you would like advice in relation to your right to access company documents in your capacity as shareholder, the time frames for the company to provide the same and the consequences of the company withholding this information, Vardags can assist.
We offer a free consultation to qualifying individuals. Please call our confidential enquiry line on 020 7404 9390. Lines are staffed 24 hours.
When you contact us a member of our client relations team will take the full details of your situation, assess whether we can assist you, and if so, determine the best team for your case.
Vardags is one of the UK’s leading divorce law firms. We specialise in complex, high net worth and international cases. The Legal 500 has said of Vardags: “The team is noted for its sheer intellect”
Vardags is among the leading family law firms in the UK. Our solicitors specialise in complex cases for high net worth individuals, including international child relocation, child abduction, and prenuptial agreements. The Legal 500 has said that "clients feel in totally safe hands" with Vardags' Children & Family lawyers.
Our reputation and privacy team, headed by top media lawyer Alex McCready, works in and out of the public eye on cases involving defamation, privacy and reputation management. We provide expert advice and representation across the full range of reputation and privacy related matters, including crisis management, emergency injunctions and actions against online and new media.
Our criminal defence team is led by top criminal defence lawyer Rob Conway. Vardags is a successful and rapidly-growing law firm with an outstanding reputation for winning cases.
Vardags is a top property law firm with expertise in complex and high-value cases. We pride ourselves on our discrete and thorough approach and premium client experience. Our team is led by the highly respected and renowned property lawyer James Bunker.
Vardags is a top law firm with a trailblazing fertility and surrogacy department. We have had success with some of the most groundbreaking cases of the last decade in the High Court, Court of Appeal, and Supreme Court, with rulings that have changed the law. Vardags remains at the cutting edge of fertility law, pushing for further improvement of the outdated legislation in place in Britain.
Led by the vastly experienced Frank Ryan, a lawyer who “delivers results, time and again, often with devastating effect”, Vardags’ civil litigation team is renowned for its nous and its consistent ability to deliver results.
Vardags is a top professional negligence law firm with expertise in complex and substantial claims. You may have seen our name in the press as our clients are often very high profile. Equally we settle many claims entirely out of the public eye. Our team is led by top professional negligence lawyer, Frank Ryan, who has over 30 years of experience across a range of professional negligence cases.
Vardags’ top employment team represents high net worth individuals and companies in substantial employment disputes. We are a firm with an exceptional record of representing clients in matters including unfair dismissal, workplace discrimination, and in the transfer of contracts under TUPE.
Vardags' wills and trusts team has the specific expertise to cater to the wills and trusts needs of high-net-worth and high-profile individuals. Richard Todd QC, Leading Counsel for Yasmin Prest said of Vardags: “a note to acknowledge your firm’s pivotal role in achieving such an outstanding result in the recent Supreme Court case of Petrodel v Prest”.