Question
Marie was appointed as a Director of Best Dressed Ltd to fill a casual vacancy until the next Annual General Meeting (AGM), at which Marie
Marie was appointed as a Director of Best Dressed Ltd to fill a casual vacancy until the next Annual General Meeting (AGM), at which Marie was not re-elected by the shareholders. Best Dressed Ltds constitution provided that a director who was not re-elected at the AGM ceased to be a director of the company. Marie, however, continues to attend board meetings, provides specialist advice during these meetings based on her vast experience as a fashion designer, votes on resolutions with other directors and generally participates in the management of the company. Is Marie currently a director of Best Dressed Limited?
a. | No, as Best Dressed Limiteds constitution prevents her from being a director if she was not re-elected at the AGM | |
b. | Marie is a defacto director | |
c. | Yes, Marie is an alternate director under the Corporations Act 2001 (Cth) | |
d. | Marie is a non-executive director |
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