ChatterBank5 mins ago
Share Transfer form
Until recently I owned a 20% shareholding in a Limited Company. It recently came to my attention that the directors of the business had transferred all of my shares without my consent. When I approached them they claimed that I had agreed to this and had signed a share transfer form. I demanded a copy of the share transfer form under the Data Protection Act and their solicitors wrote to me saying that the shares would be returned to me and the Share Transfer form had been subsequently destroyed.
What I would like to know is 1) what is the status of the share transfer form? Does Company law require that it be kept? 2) What is the position when a document requested under the DPA has been destroyed after a subject access request had been made?
Thanks.
What I would like to know is 1) what is the status of the share transfer form? Does Company law require that it be kept? 2) What is the position when a document requested under the DPA has been destroyed after a subject access request had been made?
Thanks.
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