Question
a company board of director have decided to sell off some properties owned by the company. The shareholders however are opposed to the sale and
a company board of director have decided to sell off some properties owned by the company. The shareholders however are opposed to the sale and say that they will pass a motion to stop the sale.
Using the relevant statute law and case law advise the board.
What if the directors own the company buying the properties?
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Managing the Law The Legal Aspects of Doing Business
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
4th edition
133151565, 978-0132164429
