Rights of a share holder
In practice, the strict rights and entitlements that come with the ownership of shares in a Limited Company are seldom fully exploited or utilised by shareholders.
This is largely because shareholders are generally unaware of the rights that they have simply by virtue of being a shareholder.
Similarly, most Company Directors would be alarmed at the strict obligations that they have as regards the Company's shareholders, which include maintaining a Register of Directors / Secretaries, a Register of Shareholders, a Register of Director's Interest in Shares, a Register of Charges and Minute Books.
These must be kept open to inspection by shareholders.