Question
n respect of the alleged breach of duty by a director, under what circumstances can a shareholder bring a statutory derivative action under the Corporations
n respect of the alleged breach of duty by a director, under what circumstances can a
shareholder bring a statutory derivative action under the Corporations Act 2001 (Cth) Pt
2F.1A,? Explain what is required for this to be granted. (5 marks)
b) What is the difference between a buy-back and a reduction of capital? In what circumstances
would a company undertake a reduction of capital?
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Smith and Robersons Business Law
Authors: Richard A. Mann, Barry S. Roberts
16th edition
978-1285428253, 1285428250, 978-1305176614, 1305176618, 978-0357700310, 978-0538473637
