Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Amir, Kimal and Abu were the only directors of a private company known as Mali Maju Sdn Bhd. The shareholders of the company were Misha,

Amir, Kimal and Abu were the only directors of a private company known as Mali Maju Sdn Bhd. The shareholders of the company were Misha, Rizuan, Amin and Fatimah. They have appointed Khadijah as their first auditor during their first annual general meeting which was held in March 2020. In November 2021, Amir called for a meeting to remove Khadijah as the company's auditor. This was due to the news that he received that Khadijah has falsified the company's account. Notice was given to the other directors and the members on 15 November 2021. On 30th November 2021, a meeting was held and a resolution was passed and Khadijah has been removed as the auditor of the company. The resolution also stated that Saffiyah shall be appointed as a new auditor of the company. Khadijah contended that the resolution was invalid. What is the issue, principle of law and application

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

9781285586618

Students also viewed these Law questions

Question

Cite ways to overcome fear of failure.

Answered: 1 week ago