Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A, B, C and D are the directors of AK Bhd (the company). They were appointed as directors two years ago. C is the managing

A, B, C and D are the directors of AK Bhd (the company). They were appointed as directors two years ago. C is the managing director of the company. Two weeks ago, C, who is now 71 years old, entered into a contract on behalf of the company to purchase office stationery from the company supplier, Omos Sdn Bhd, at a price of RM100,000. Last week, following an argument among the directors at a board meeting, B, C and D decided to remove A as a director. A notice signed by B, C and D was sent to A stating that A had been removed as a director with immediate effect. Advise C and A, who wishes to know the following: (a) Persons disqualified from being a director. (b) Whether the contract for the purchase of office stationery can be invalidated on the claim that C was "disqualified to act as a director" of the company.(c) Whether the removal of A as a director is valid.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Jurisprudence

Authors: Julia Shaw

3rd Edition

1292210273, 978-1292210278

More Books

Students also viewed these Law questions

Question

What is judgment and when is it used by accountants?

Answered: 1 week ago

Question

2. What do the others in the network want to achieve?

Answered: 1 week ago

Question

1. What do I want to achieve?

Answered: 1 week ago