What will be the consequence of waldmart ltd

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Reference no: EM132109559

Assignment: 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?

Information related to above question is enclosed below:

Attachment:- Corporatelaw.rar

Reference no: EM132109559

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