Are there any restrictions on the directors powers to issue new shares?

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Are there any restrictions on the directors’ powers to issue new shares?

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The Law And Business Administration In Canada

ISBN: 9780133251678

14th Edition

Authors: J.E. Smyth, Dan Soberman, Alex Easson, Shelley McGill

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Question Posted: Mar 16, 2024 11:00 PM

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Are there any restrictions on the directors powers to issue new shares?

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Yes there are typically restrictions on a board of directors powers to issue new shares which are imposed by corporate laws regulations and the corporations governing documents such as the articles of ...View the full answer

The Law And Business Administration In Canada

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