I own an apartment in a company share building - technically, I own shares in the company and have a licence to occupy. All shareholders are aware that the directors may sell an owner's shares if they fall into arrears on the levy or infringe company rules. Does anyone know of any cases where this has actually happened?
Note: I raised this question in the property investment sub-forum a week ago, and though it was viewed (456 times - thanks guys), there were no replies. I'm thinking the 'Finance, legal and tax' sub-forum might be more appropriate. Or perhaps there are no replies because no one knows of it happening? I would really appreciate some perspectives on this - thank you in advance.
Note: I raised this question in the property investment sub-forum a week ago, and though it was viewed (456 times - thanks guys), there were no replies. I'm thinking the 'Finance, legal and tax' sub-forum might be more appropriate. Or perhaps there are no replies because no one knows of it happening? I would really appreciate some perspectives on this - thank you in advance.
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