Explain shareholder powers

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Reference no: EM13969514

1. (a) How may and when must a company change its name?

(b) Dodgy Computers Ltd is registered for the purpose of acquiring the business of John who has been trading under the name of 'Supercomputers'. The company will operate the business under that name.

What statutory rules must the company comply with and what are the consequences in terms of its contracts if it fails to comply with them?

2. Although the directors have the general power to manage the company, power to carry out certain functions is given to the shareholders either in general meeting or by written resolution. State and explain these shareholder powers.

Reference no: EM13969514

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