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Monday, December 10, 2007
Neglect of Shareholders a criminal offence
The law,reflects concerns that rapid aquisitions and a explosive growth by parent companies is undermining the health of subsidiaries and retail Investors.
"At least now the shareholders can have a dividend and bonus every year" Shri baba gyandev,a teledata investor from Honululu, was quoted as saying in local news reports.
Under the law, Parent companies can face up to a monthly dividends if found guilty of shareholder neglect.
The law also allows Investors/shareholders to order Companies to pay a monthly dividend and annual bonus to the shareholders.
(TSMHFWA = Teledata Shareholders Mental Health and Financial Welfare Association)
Imp Note:Dear Teledata shareholders, these jokes are released to keep your sense of humour intact till and after,the shares are listed on the Exchanges.
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