Can I become a shareholder in Right to Manage Company?Make Text Bigger
In 2014 I bought a flat with a 999 year lease. I am the only owner without a share in the freehold. A Right to Manage company had just been set up that excluded the person I bought the flat from as he was the freeholder and they took him to Tribunal to gain the Right to Manage.
There are five flats in total and the other four flats are shareholders in the company. Two of the flat owners are Directors and left the building uninsured last year (we have only just found this out) and there are other issues regarding their management. The other two shareholders and myself want to have a say in the running of the company.
Can the company exclude me from joining? If not, how do I go about applying to become a shareholder?
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