Many people in New Zealand have started to invest directly in companies for the first time. The Shareholder Protection Association of Aotearoa New Zealand (SPAANZ) has approached you to provide easy-to-understand advice for new investors, explaining possible shareholder actions under the Companies Act 1993.

Required:

Write two guides for SPAANZ explaining to novice investors the actions provided for in:

(a) section 165; and

(b) section 174.