Question
In clause 6 of its constitution PCW Pty Ltd, a company formed under the Corporations Act , requires 90% of members voting at a meeting
In clause 6 of its constitution PCW Pty Ltd, a company formed under theCorporations Act, requires 90% of members voting at a meeting to vote in favour of any resolution to alter its constitution, before it will be altered.It can be stated in relation to this that:
a. | Such a requirement will not be valid as it conflicts with the express provisions of theCorporations Actin relation to alteration of the constitution of a company | |
b. | Such a provision will be of no effect as theCorporations Actrequirement is for a 75%voteonly | |
c. | If the company wished to alter its constitution it would have to comply with the provision | |
d. | None of the above |
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