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- The notice must be issued with the requisite authority of the board, court, members or registrar. ---The requisite number of days must be given.
- It must specify the business of the meeting with clarity.
- Must specify all resolution proposed and passed, as a special and notice of their intention to be passed as such must be given.
- Must specify the date, time and place of the meeting.
marto answered the question on February 5, 2019 at 11:53
- The rule in Foss v Harbottle establishes the principle that where a wrong is done to the company, the proper plaintiff is the company itself....(Solved)
The rule in Foss v Harbottle establishes the principle that where a wrong is done to the company, the proper plaintiff is the company itself. However, where the wrong is done by the company directors, it may be impossible for the company to sue. In such a case, a derivate action may be the only option.
a) Explain what is meant by “derivative action”.
b) Describe the conditions that must be satisfied before a derivative suit can be instituted
Date posted: February 5, 2019. Answers (1)
- Define the term "prospectus" and explain the circumstances under which a company may issue a prospectus(Solved)
Define the term "prospectus" and explain the circumstances under which a company may issue a prospectus.
Date posted: February 5, 2019. Answers (1)
- Explain the Statutory and Common Law Rules that govern raising and maintenance of share capital of a company. (Solved)
Explain the Statutory and Common Law Rules that govern raising and maintenance of share capital of a company.
Date posted: February 5, 2019. Answers (1)
- Wafula, one of the Directors of Hopeful Co. Ltd is unsure of his duty of care and skill as a director of the company....(Solved)
Wafula, one of the Directors of Hopeful Co. Ltd is unsure of his duty of care and skill as a director of the company. He seeks your advice on this. Advise him.
Date posted: February 5, 2019. Answers (1)
- Hopeful, a private limited company has adopted Table A as its Articles of Association. The company now, wishes to alter the Articles of Association.
...(Solved)
Hopeful, a private limited company has adopted Table A as its Articles of Association. The company now, wishes to alter the Articles of Association.
Outline the procedure to be followed to effect the change.
Date posted: February 5, 2019. Answers (1)
- In relation to company law describe the common law duties of a Promoter.(Solved)
In relation to company law describe the common law duties of a Promoter.
Date posted: February 5, 2019. Answers (1)
- In relation to company law,discuss the rules that govern pre-incorporation contracts. (Solved)
In relation to company law,discuss the rules that govern pre-incorporation contracts.
Date posted: February 5, 2019. Answers (1)
- In relation to company law:
a) Explain the meaning of the term “Promoter”. (Solved)
In relation to company law:
a) Explain the meaning of the term “Promoter”.
Date posted: February 5, 2019. Answers (1)