Corporate & Commercial Law Legal Articles Pre-emptive rights of shareholders of Private Company August 6, 2011 / March 17, 2016 by Legal India Admin | 3 Comments on Pre-emptive rights of shareholders of Private Company Pre-emptive rights of shareholders of Private Company: Enforceable to what extent Transferability of shares is the primary feature of the incorporation of a company. Section 3 (iii) and (iv) of Companies Act 1956 deals with the definition of private and public company which determines the freedom and restriction to transfer shares as exercised by the […] Read more ยป Articles of Association of the Company CLB COMPANIES ACT 1956 Company Law Board Pre-emptive rights shareholders of Private Company Specific Relief Act transferability of shares