Monday, December 10, 2007

Neglect of Shareholders a criminal offence

Chennai,(source:TSMHWA):Companies who neglect their shareholders face impossible punishment under a new law passed by worried Teledata investors.

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.
Post a Comment

Popular Posts for last 7 days

All Time Popular Posts

Eq mkt Holidays for the 2017 year

Sr. No.

126-Jan-2017ThursdayRepublic Day
404-Apr-2017TuesdayRam Navami
514-Apr-2017FridayDr.Baba Saheb Ambedkar Jayanti/ Good Friday
601-May-2017MondayMaharashtra Day
726-Jun-2017MondayId-Ul-Fitr (Ramzan ID)
815-Aug-2017TuesdayIndependence Day
925-Aug-2017FridayGanesh Chaturthi
1002-Oct-2017MondayMahatama Gandhi Jayanti
1119-Oct-2017ThursdayDiwali-Laxmi Pujan*

*Muhurat Trading will be conducted. Timings of Muhurat Trading shall be notified subsequently.

The holidays falling on Saturday / Sunday are as follows:

Sr. No.DateDayDescription
109-Apr-2017SundayMahavir Jayanti
202-Sep-2017SaturdayBakri ID
504-Nov-2017SaturdayGurunanak Jayanti