1.pider's Net Pty Ltd possesses and rentals out the studios in an flat block.The company had been started by Mr Spider and Ms Makori when they got married.Mr Keera and Ms Makoori each possessed single share and each was a director.On the birth of their 1st kid, kutta, Ms Makoori and Mr Keera altered the constitution of the company so that each share had the right to occupy an studio.Mr Keera shifted his share to Kutta.A new share was allotted to alternative child, Kuttia, on her birth.

Several years have passed and Kutta and Kuttia have grownup and moved into their studios.Mr Keera has passed away.The flat block has turn out to be old.Kutta and Kuttia want to renovate the construction.

At a general meeting Kutta and Kuttia vote themselves in as directors, denying Ms Makori, their mommy, a place on the board.Acting as the board of directors, they then form the makeover and improvement of all the flats in the block.Ms Makori's stuff at home is reserved out of her studio and put into storing.The locks are altered.Not at all dividends are paid as, according to Kutta and Kuttia, the corporation has no revenue during the renovation.Ms Makori is obligated to discovery alternative housing but she ensures not like it and reasons it is outside her volume to have enough money to afford it.

Consider each of the following set of events:

a.Ms Makori proposals to sell her share to Kutta and Kuttia so she can herself purchase something considerable better, but they deny purchasing it saying they have no amount with them.They also refuse to allow her to assign the share to anybody else, saying they need to hold the company as family-owned. Now Ms Makori has come to you for advice.Is there anything she can do about the share transfer denial and to force the company to pay her dividends?

b.Kutta and Kuttia offer to buy Ms Makori's shares and that too at a fair estimation.The fair valuation is more than sufficient to buy a much better studio than her old one.She is not interested.Kutta and Kuttia then change the constitution of the company to license the obligatory purchase by majority shareholders acting together of minority shares at a price assessed by a qualified valuer plus 20%.They then send a cheque in the appropriate amount and alter the share register accordingly.Ms Makori wants to keep her shares.What should she do?