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Albert, Bernard and Cathy studied in the same university and used to have gatherings regularly. Albert, Bernard and Cathy hold 7%, 2% and 1% shares
Albert, Bernard and Cathy studied in the same university and used to have gatherings regularly. Albert, Bernard and Cathy hold 7%, 2% and 1% shares of Healthy Limited respectively. Cathy and David are the only directors of the company and David does not hold any share of Healthy Limited. Recently, Cathy had some disagreements with Bernard and other shareholders of the Company. Cathy has petitioned to the Court on grounds of unfairly prejudicial conduct. Bernard plans to remove Cathy as the director of the company. Required: Advise Bernard how he could call for a general meeting and the procedures to remove Cathy. (Total for Question 2: 25 marks, limit your answers to no more than 650 words)
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