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Alex and Harry are members of ABC Ltd. Alex owns 20% of the companys shares and Harry owns 4%. Can either of them ask the
Alex and Harry are members of ABC Ltd. Alex owns 20% of the company’s shares and Harry owns 4%. Can either of them ask the directors to call a members’ meeting? If so, could they ask for a meeting to be called to give members the power to do things that the company’s constitution states are the sole power of the directors? Explain.
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In general the ability to call a members meeting in a company is governed by the companys constituti...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
