LLB EXAMPACKS AND TUTORIALS
PAST PAPERS & MEMOS, ASSIGNMENT MEMOS, NOTES, SUMMARIES & TUITONS.
Cell : 084 591 8661 Email:
Fax : 086 096 5452 www.llbexampacksandtutorials.co.za
__________________________________________________________________________________
LML4806
COMPANY LAW
ASSIGNMENT 1
MEMO
SEMESTER 1
2022
BIBLIOGRAPHY INCLUDED
5 PAGES
, ASSIGNMENT 01
Question: 1
The shareholders of Injabulo (Pty) Ltd are scheduled to hold a shareholders’ meeting
at 09:00 at the company’s Head Office. Injabulo (Pty) Ltd has 20 shareholders. At
10:00, 11 shareholders are present at the meeting. They are able to exercise in
aggregate 24% of all the voting rights that are entitled to be exercised in respect of the
matters to be decided at the meeting. Two of the shareholders of the company have
indicated to the chairperson that they will attend the meeting and that they are delayed
in traffic due to bad weather. These two shareholders each hold 2% of the voting rights
in Injabulo (Pty) Ltd. The chairperson of the board of directors approaches you, as the
secretary of the company, for legal advice on whether the shareholders’ meeting may
proceed.
With reference to the Companies Act 71 of 2008, advise the chairperson of the board
of directors and indicate the options available to him in these circumstances. (15)
Question: 2
Blue Bells Ltd is a subsidiary of ABC Ltd. Blue Bells Ltd wants to have significant and
direct voting power on resolutions adopted at general meetings of ABC Ltd.
Consequently, Blue Bells Ltd would like to acquire 25% of the issued ordinary shares
in ABC Ltd. Explain whether Blue Bells Ltd may acquire 25% of the issued shares in
ABC Ltd and whether Blue Bells Ltd may have voting power on resolutions adopted at
general meetings of ABC Ltd if it acquires any of the issued shares in ABC Ltd. (5)
TOTAL FOR ASSIGNMENT 01: [20]
PAST PAPERS & MEMOS, ASSIGNMENT MEMOS, NOTES, SUMMARIES & TUITONS.
Cell : 084 591 8661 Email:
Fax : 086 096 5452 www.llbexampacksandtutorials.co.za
__________________________________________________________________________________
LML4806
COMPANY LAW
ASSIGNMENT 1
MEMO
SEMESTER 1
2022
BIBLIOGRAPHY INCLUDED
5 PAGES
, ASSIGNMENT 01
Question: 1
The shareholders of Injabulo (Pty) Ltd are scheduled to hold a shareholders’ meeting
at 09:00 at the company’s Head Office. Injabulo (Pty) Ltd has 20 shareholders. At
10:00, 11 shareholders are present at the meeting. They are able to exercise in
aggregate 24% of all the voting rights that are entitled to be exercised in respect of the
matters to be decided at the meeting. Two of the shareholders of the company have
indicated to the chairperson that they will attend the meeting and that they are delayed
in traffic due to bad weather. These two shareholders each hold 2% of the voting rights
in Injabulo (Pty) Ltd. The chairperson of the board of directors approaches you, as the
secretary of the company, for legal advice on whether the shareholders’ meeting may
proceed.
With reference to the Companies Act 71 of 2008, advise the chairperson of the board
of directors and indicate the options available to him in these circumstances. (15)
Question: 2
Blue Bells Ltd is a subsidiary of ABC Ltd. Blue Bells Ltd wants to have significant and
direct voting power on resolutions adopted at general meetings of ABC Ltd.
Consequently, Blue Bells Ltd would like to acquire 25% of the issued ordinary shares
in ABC Ltd. Explain whether Blue Bells Ltd may acquire 25% of the issued shares in
ABC Ltd and whether Blue Bells Ltd may have voting power on resolutions adopted at
general meetings of ABC Ltd if it acquires any of the issued shares in ABC Ltd. (5)
TOTAL FOR ASSIGNMENT 01: [20]
