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Ismail is one of the directors of Neon Enterprises Ltd. Shakila is one of the shareholders of the company. According to section 140 of the
Ismail is one of the directors of Neon Enterprises Ltd. Shakila is one of the shareholders of the company. According to section 140 of the Corporations Act 2001 (Cth), what is the legal effect of the company's constitution?
Group of answer choices
a. There is a statutory contract between Ismail and the company.
b. The company's constitution is void.
c. There is a statutory contract between Ismail and Shakila.
d. There is a statutory contract between the company and its employees.
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