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BLO2205 Corporate Law Assignment Semester 2 2018

tag 0 Download 9 Pages / 2,144 Words tag 04-03-2020
  • Course Code: BLO2205
  • University: Victoria University
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  • Country: Australia

Question:

Better Super Ltd and the other shareholder seek your advice as to the following:

a)Does the board of Waldmart have the power to issue bonus shares and can the shareholders at the upcoming AGM legally compel the board not to issue the share?
 
b)Can the shareholders stop the directors from increasing and paying the proposed dividend because it is commercially unwise to do so?

c)If shareholders vote against the remuneration report and a second strike is achieved, what will be the consequence of Waldmart Ltd and its director?
 
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