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6. The constitution of FWPL allows for the directors to pay a dividend to holders of A Class shares at their discretion. Over many years
6. The constitution of FWPL allows for the directors to pay a dividend to holders of A Class shares at their discretion. Over many years the company had paid a dividend which, although not sizeable, was sufficient for the shareholders who chose to do so to live on it. However, Mario and his siblings are angry about the discontent that Jason has been stirring up among the Galli grandchildren, some of whom they see as lazy and undeserving. So the board of FWPL resolves not to pay a dividend to the A Class shareholders this year and, instead, to retain earnings to fund the development of the organic vineyard at Robinvale. What action, if any, can the Galli grandchildren take in respect ofnon-payment of the dividend
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