Removal of director in directors'' meeting or shareholders

Assignment Help Business Law and Ethics
Reference no: EM131021112

1 daughte and her husband are not happy with company's management (by managing director) and another daughter and husband also agree.Question: what can they do? Removal of director in directors' meeting or shareholders' meeting (because directors are shareholders in this company)? Change company's constitution to restrict managing director's power to act without first obtaining other directors' consent?

But the last one may not be possible because it requires special resolution and there is only 67% vote in favour right?

Reference no: EM131021112

Questions Cloud

Summarize the sarbanes-oxley of 2002 : Summarize the Sarbanes-Oxley of 2002 as it relates to U.S. business operations. Explain the governance principles of regulatory compliance requirements related to Sarbanes-Oxley.
Current market price of the stock : McIver's Meals, Inc. currently pays a $2 annual dividend. Investors believe that dividends will grow at 20% next year, 12% annually for the two years after that, and 6% annually thereafter. Assume the required return is 10%. What is the current ma..
What is the most you would be willing to pay : Suppose that eLake, an online auction site, is paying a dividend of $2 per share. You expect this dividend to grow 2 percent per year, and the interest rate is 10 percent. What is the most you would be willing to pay for a share of stock in eLake?..
Theresas flower garden has 750 bonds outstanding that are : Theresa's Flower Garden has 750 bonds outstanding that are selling for $989 each, 2,500 shares of preferred stock with a market price of $47 a share, and 30,000 shares of common stock valued at $56 a share. What weight should be assigned to the commo..
Removal of director in directors'' meeting or shareholders : Removal of director in directors' meeting or shareholders' meeting (because directors are shareholders in this company)?
What is the value of the cpi : Given the above information, what is the value of the CPI in 2015 when the base year is 2013 and what is the value of the CPI in 2015 when the base year is 2014? Assume that the CPI is measured on a 100-point scale and is rounded to the nearest wh..
Find the vertex and intercepts of function : Find the vertex and intercepts of function f(x)=x2+x-2. Graph the linear equation y=2/3(x)-2. Find the x and y intercepts of 4x+3y=-12.
How much in total would she have received : A winner of the Pennsylvania Lottery was given the choice of receiving $18 million at once or $1,440,000 per year for 25 years. If the winner had opted for the 25 annual payments, how much in total would she have received?
Same discount rate to determine the bond values : A 6% coupon bond, an 8% coupon bond, and a 10% coupon bond, all with the same maturity, bond covenants and other provisions, are issued by the same firm under equal market conditions; therefore investors use the same discount rate to determine the bo..

Reviews

Write a Review

 

Business Law and Ethics Questions & Answers

  The importance of developing an individualized service plan

describe the procedure and process a case manager should take when completing formal referrals - Heather, the importance of developing an individualized service plan

  Identify the status offense laws that are being violated

In a list you make in your report specifically identify the status offense laws that are being violated by each of the underage teenage violators

  Undue hardship

In general. - The term "undue hardship'' means an action requiring significant difficulty or expense, when considered in light of the factors set forth in subparagraph

  Explain immigration reform and control act

Explain Immigration Reform and Control Act- Impact on Employment and What are the consequences to an employer if it hires an unauthorized alien

  Brief description of the criminal case you selected

a brief description of the criminal case you selected. Explain how specific characteristics of the offender in the zase might have influenced sentencing

  Describe different tiers or classes for fingerprint

research the fingerprint process in your state. identify what specific offenses would preclude teacher candidates from

  The expansion of human services in allegheny county

Analyze the case study The Expansion of Human Services in Allegheny County, Essay must address the following questions: Explain how the case study offered support for or against the: (a) the rational model; (b) the political model; and (c) the polic..

  In this assignment you will prepare an essaynbspon the

in this assignment you will prepare an essaynbspon the hearsay rule and the rationale behind the rule.nbspexplain the

  What are some examples of alternative dispute resolutions

a to what extent does succession planning-such as for wills estates and trusts-affect business? how might these legal

  Was genentech behaving ethically

Assignment: after research, post your reaction to this case and answer the questions. Was Genentech behaving ethically? Should it have discouraged doctors from prescribing the drug to normal, short children

  Confronting the suspect with evidence of guilt

In the second phase of the interrogation process, there are several outcome-based tactics that may be used to obtain a confession. Confronting the suspect with evidence of guilt

  Who are the various personnel who participate in courtroom

Who are the various personnel who participate in the courtroom? How does each role affect and impact shaping procedural law(s)? How does each role affect and impact shaping substantive law(s)

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd