Question
Ziffle Limited has, to date, issued only 1 class of shares. It issues further shares which entitle the holders to preferential treatment in the payment
Ziffle Limited has, to date, issued only 1 class of shares. It issues further shares which entitle the holders to preferential treatment in the payment of dividends. Jill, one of the original members of Ziffle Limited and a 15% shareholder is dissatisfied with this. What can she do to protect her interests?
| a. | Require Ziffle Limited to cancel the issue of new shares | |
| b. | Sue the directors for breach of their duties | |
| c. | Lodge a complaint with ASIC | |
| d. | Challenge the new issue in court as a variation of her share class rights |
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Exceptions From EU Free Movement Law Derogation Justification And Proportionality
Authors: Panos Koutrakos, Niamh Nic Shuibhne, Phil Syrpis
1st Edition
1509928863, 978-1509928866
