Question
Fun-4-Kids Ltd (F4K) is a Perth-based company that specialises in designing and manufacturing equipment for use in childrens' playgrounds. Clause 4 of F4K's constitution provides
Fun-4-Kids Ltd (F4K) is a Perth-based company that specialises in designing and manufacturing equipment for use in childrens' playgrounds. Clause 4 of F4K's constitution provides that the company's activities are restricted to the 'design and manufacture of childrens' playground equipment suitable for use in public spaces'.
Eighty per cent of the company's members are dog owners who would like the company to expand its activities to include the design and manufacture of dog exercise equipment (for use in public places) but the directors think that this is not a good idea.
The members ask you for advice on whether they can compel the directors to expand F4K's activities to include the design and manufacture of dog exercise equipment, or if the directors can ignore the members' wishes. If the directors ignore the members' wishes, do the members have other ways open to them to achieve (or at least attempt to achieve) that outcome (that is, for the company to also manufacture dog exercise equipment).
With reference to the above set of facts, and relevant cases and sections of the Corporations Act 2001(Cth) please answer this question following the four-steps approach.
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