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AUE2602 ASSIGNMENT 3 DUE 05 May 2025 COMPLETE ANSWERS 100% PASS GUARANTEED

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AUE2602 ASSIGNMENT 3 DUE 05 May 2025 COMPLETE ANSWERS 100% PASS GUARANTEED

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Institution
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Uploaded on
May 5, 2025
Number of pages
3
Written in
2024/2025
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Exam (elaborations)
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QUESTION 1.1

In terms of the Companies Act 71 of 2008:

Ms Tar may be removed by an ordinary resolution adopted at a shareholders' meeting.

Ms Tar must be given notice of the meeting and the reasons for the proposed removal.

Ms Tar must be notified in writing and have a chance to respond to the allegations.

Ms Tar must be given a reasonable opportunity to make representations at the meeting, in
person or through a representative.

In certain circumstances the board of directors may remove a fellow director. This applies if it
can be proved Ms Tar is ineligible, disqualified, incapacitated and unable to perform functions as
a director or has been neglecting or derelict in performing her functions.

Ms Tar, if removed, may apply to court to review the decision for procedural or substantive
fairness.




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