Can you pls help me to answer this question? Thanks

s request to d? him a favour and extended credit for 60 days, nowever ne acquiesced Soon after these transactions, Solway Ltd went into liquidation and it appears that there are no assets to meet the claims Syd. Advise the liquidator whether any action can be brought against Mark and Edward in relation to the debt incurred on the above transactions. 10 marks Questlbn 4 Grand Central Ltd owned and ope a ld mi c&eonard managing director, The other directors wer Ma Davi and Ti . res in the company. Grand Central's constitu ton contained e following clauses: A B Leonard shall be the managing director of Grand Central Ltd as long as he owns at least 5% of the company's shares. A director may be removed from office by a majority vote of the directors. This clause does not apply to Leonard while he is the managing director of the company. The other directors are dissatisfied with Leonard's recent perfornance as managing director What are Leonard's rights if the and want to get rid of him as both om his position as managing director? Would your answer be different if boggygks-himft- the board sacked Leonard as tnagggiggiggor after to and to insert a new clause forcilig Leonard to sell his shares to the existing shareholders at the current market price? 5 marks