Sipho, Nandi and Brian are shareholders in a private company, Sideline $($Pty$)$ Ltd$.$ Sipho holds $10$ ordinary shares, Nandi holds $60$ cumulative preference shares and Brian holds $15$ ordinary shares. The director of the company, who is Nandi$$s husband Enzo, is in financial difficulty. He asks Nandi to approve a loan of R$50000$ to him, which she does.

Sipho and Brian find out about this and are very unhappy since there was no shareholder meeting to approve the loan. Advise Sipho and Brian whether there are any remedies for them to set aside the decision made by Nandi or to recover the money from Nandi personally. $(9)$