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Please assist Matter 4 One of the executive directors of Suit-up Ltd, Rachel Zane, raised her concern at a board meeting, that Suit-up Ltd is
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Matter 4 One of the executive directors of Suit-up Ltd, Rachel Zane, raised her concern at a board meeting, that Suit-up Ltd is yet to appoint a company secretary and audit committee. The rest of the board did however not see the use in appointing a company secretary but did appoint Harvey Spector (CEO), and Rachel Zane's daughter, Meghan Zane, as members of the audit committee. Meghan Zane is not a director of Suit-up limited and she is a qualified actuary. Matter 5 During the financial year under review, one of the directors, Mike Ross, was hospitalised with Covid-19. As such, Harvey Spector, in his capacity as CEO, without delay, removed Mike Ross as director and replaced him with Jessica Pearson. 4 Matter 4: 4.1 Write a memo in which you explain to the directors of Suit-up Ltd what the duties of a company secretary are and advise them on whether they may choose not to appoint a company secretary. Communication skills: memo format (7) (2) 4.2 Discuss your concerns regarding the members appointed to the audit committee of Suit-up Ltd in terms of the Companies Act. (8) 5 Matter 5: 5.1 Discuss your concerns regarding the removal of Mike Ross, and his subsequent replacement by Jessica Pearson, as director of Suit-up Ltd, in terms of the Companies Act. In each case, you should also comment on the legality of the matter. (14) Structure your answer as follows: Removal of Mike Ross Appointment of Jessica Pearson (12) (2)Step by Step Solution
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