Ask Question, Ask an Expert


Ask Homework Help/Study Tips Expert

problem 1

Tweedle Pty Ltd is a company that lays down railway track in newly rising countries. A, B, C and D are the 4 directors of the company. The directors are the sole shareholder of the company, each director holding 25% of the shares.

A, B, and C have decided that for personality reasons they can’t continue to work with D. They have set a new company, Needle Pty Ltd, from which D is excluded. When Tweedle Pvt Ltd was approached by South African government to construct a new railway line, A, B and C secretly negotiated to have the government contact referred to the Needle Pvt Ltd.

D is now aware that the government contract has been referred to the Needle and approaches you for advice.


(a) Have the 3 directors breached any duty they might have had to Tweedle?

(b) What remedies, if any, does D have in regard to actions of A, B and C in taking work from Tweedle and transferring it to Needle?

problem 2

S, E and R are shareholders and directors of Z Pvt Ltd (Company Z). Company Z owns a holiday house which it uses to rent out. Company’s constitution states that:

1. S is to be appointed as the company secretary for a life
2. Each shareholder can employ the property for 2 weeks. For S, it will be from 1-14 January.

It was found that January is usually the busiest month and therefore E&R voted (through special resolution) to change S’s usage to June. Constitution also needs users to keep the home clean after employ. E doesn’t clean the home and S always has to clean up. S complains to R about this.

E & R are getting annoyed with S. They called an additional ordinary shareholder’s meeting and voted to change the constitution through requiring appointment as company secretary to be appointed by directors. They then called a directors’ meeting to remove S as a secretary and director of the company.

problem 3

Nong Pvt Ltd held its yearly general meeting on 6 November 2009. The notice of the meeting sent by Nong Pvt Ltd consists of the following item of special business:

“To consider and, if thought fit, pass the following resolution as an ordinary resolution:

‘That commencing on 1 December 2009 the total amount that might be provided to the non-executive directors by way of compensation for their services as directors in respect of each financial year be raised by the amount of $750,000 to the amount of $2,250,000 per financial year.’

Vince is a shareholder in Nong Pvt Ltd. He thinks the non-executive directors are already overpaid and opposes the resolution. He attends the meeting and makes a long speech opposing it. After 20 minutes, David (a director) asks him to stop speaking and sit down. Is this allowed?

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M9806

Have any Question? 

Related Questions in Homework Help/Study Tips

Using the textbook and argosy online library references

Using the textbook and Argosy Online Library references that you may select, write a paper using APA standards, of at least 750 words that focuses upon the following: Describe the meaning of multiculturalism in your own ...

Question1 what factors drive competition within the long

Question: 1. What factors drive competition within the long term care market? Discuss a minimum of three factors. 2. What are the advantages and disadvantages of competition within the long term care market from multiple ...

Write an analysis of each article or news story addressing

Write an analysis of each article or news story addressing the following: Describe the crime depicted in the article. How is criminal justice system portrayed? What feelings or reactions are evoked in you by the article? ...

Please write about 330 words for below comments and ask

Please write about 330 words for below comments and ask question? also mention some references (3 referrences) The study I would like to use for this shared activity is Internationalization of Lithuanian SMEs: Investigat ...

Planetarium alternate assignmentsince you cant make it to

Planetarium Alternate Assignment Since you can't make it to the planetarium you will visit a few astronomy websites. For each of the seven websites, look around the site and find a news article or recent image or video a ...

Search the university library for peer-reviewed articles

Search the University Library for peer-reviewed articles regarding emotional intelligence. Write a 4 pages paper that addresses the following: What are the key attributes of emotional intelligence? Define self-awareness ...

Art assignmenta i need 17 comments with ideas

Art Assignment A) I need 17 Comments with ideas attached to the creative arts. Don't have to be long. but should with complete ideas. B) Some of the topics we covered in class are- so you will get an idea of the type of ...

Assessment - written assignmentpurpose - provide an

Assessment - Written Assignment Purpose - Provide an overview of the toxicity of silver (Ag). For the contaminant, discuss: 1. Sources of exposure 2. Applicable Occupational Exposure limits (OELs / PELs) 3. Toxicology as ...

Tesla casethe sources of innovation in any organization are

Tesla Case The sources of innovation in any organization are more or less common comprising feedbacks provided by the customers, employees especially the field force, firm leaders, suppliers and competitors. Write a repo ...

5n2706 skills demonstration any 1 task integrated with care

5N2706 Skills Demonstration (Any 1 Task integrated with Care Support Assignment)- Assessment Guidelines: This brief requires the student to complete a total of 3 tasks. These tasks should promote a range of aspects of ca ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate