W 110ng Le Whpany of the relevant issues involved. elm Oleme V the toondisch the and go generalls / peharae and permite I available Question 6 10 Marks Aziz, Randy and Pom in their capacity as directors of XZY Ltd. Aziz Athe directors the declared a substantial dividend to assist him to finan venture. Subsequently, the company decides to invest $100,000 in the nur of shares in Tom's company to expand the company's business. Two weala the investment is made Aziz, Randy and Tom are informed that a major debtor has gone into liquidation owing XYZ Ltd $700,000. They decide to increase their overdraft with the NABB Bank to purchase additional stock to trade the company out of its difficulties. Unfortunately, there is a downturn in the economy and the company unable to make payments to the Bank. You are asked to advise on: so fa) options which the directors might have in the circumstances and what you consider might be the best option for them; and, cycor (3 Marks) me (b) possible breaches of director's duties; and go puse (4 Marks) the applicable penalties which could be imposed and the remedies available to the company or an external administrator (3 Marks) 'Defcrece from shut), 5886 1 + 588 H. Euses Nosso SSSS W 110ng Le Whpany of the relevant issues involved. elm Oleme V the toondisch the and go generalls / peharae and permite I available Question 6 10 Marks Aziz, Randy and Pom in their capacity as directors of XZY Ltd. Aziz Athe directors the declared a substantial dividend to assist him to finan venture. Subsequently, the company decides to invest $100,000 in the nur of shares in Tom's company to expand the company's business. Two weala the investment is made Aziz, Randy and Tom are informed that a major debtor has gone into liquidation owing XYZ Ltd $700,000. They decide to increase their overdraft with the NABB Bank to purchase additional stock to trade the company out of its difficulties. Unfortunately, there is a downturn in the economy and the company unable to make payments to the Bank. You are asked to advise on: so fa) options which the directors might have in the circumstances and what you consider might be the best option for them; and, cycor (3 Marks) me (b) possible breaches of director's duties; and go puse (4 Marks) the applicable penalties which could be imposed and the remedies available to the company or an external administrator (3 Marks) 'Defcrece from shut), 5886 1 + 588 H. Euses Nosso SSSS