Long answer questions

1.Facts:You (your name) have just been appointed to be one of four company directors of COVID Cure Pty Ltd which is based in Melbourne. The company has 100,000 issued shares. Ms Japji Singh, a shareholder with 30% of the company shares, instructs you to call a directors meeting and to appoint her sister, Ms Anusha Sharda, as a director. You are offered 10,000 shares so long as you vote to appoint Ms Sharda as a director at the next meeting.

Use the ILAC approach to answer legal questions.

Consider both the common law and legislation.

Consider your fiduciary duties and Ms Singh's request.

What duties do you owe and to whom?