This is company law subject:

AN IMPORTANT NOTE: You should refer to relevant sections in legislations and case law when answering the following questions.

Question 3

a) What is the legal effect of ss 124 and 125 of the Corporations Act 2001 (Cth) on a company manufacturing computer motherboard if the companys constitution includes an object clause that limits the company from investing in start-up fintech businesses?

b) Tortoise Ltd is a shareholder of Rubicon Ltd which is listed on the ASX. Tortoise Ltd would like the shareholders to pass a resolution instructing the board of Rubicon to sign up for the United Nations Principles for Responsible Investment. Can the shareholders do so? (2.5 marks)