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could you plrease help me solve these law questions ? Viroserve Ltd (Viroserve) has recently acquired 48% of Aztec Ltd (Aztec) following a partial takeover
could you plrease help me solve these law questions ?
- Viroserve Ltd (Viroserve) has recently acquired 48% of Aztec Ltd (Aztec) following a partial takeover bid. Viroserve would like to replace the existing directors of Aztec but the board refuses to call a meeting. Advise ViroserveLtd.
- Suppose a meeting is eventually called and resolutions put to dismiss the existing directors. On the show of hands, Viroserve is outvoted. When Aztec calls for a poll, however, the Chair refuses the request and continues with themeeting.
Discuss Viroserve's rights in this matter.
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