Question
After the Annual General Meeting of PQR Ltd, Mary, who is a 10% shareholder in the company and who has 10 votes at shareholder meetings,
After the Annual General Meeting of PQR Ltd, Mary, who is a 10% shareholder in the company and who has 10 votes at shareholder meetings, brings a case against PQR Ltd in which she seeks to overturn a special resolution which was passed by 80 votes to 10 on the ground that she did not receive notice of the meeting and so did not attend. She says she would have voted against the special resolution. In these circumstances:
A. the court will reject Marys claim
B. the court will declare the entire meeting invalid
C. the court will declare the special resolution invalid
D. the court will declare all resolutions passed to be invalid
E. none of the above is true.
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