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Here are the best resources to pass MRL ASSIGNMENT 1. Find MRL ASSIGNMENT 1 study guides, notes, assignments, and much more.
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MRL 2601 ASSIGNMENT 1
Exam (elaborations) • 4
pages
• 2021
QUESTION 1

According to section 165 of the derivative action act, the shareholder are to take the

following steps:

Demand (notice) to company

The shareholder can deliver a notice to a company demanding that it institute legal

proceedings or take other steps to protect the company’s legal interests.

Company action

Within 15 days of the company being served with the demand, the company may move

forward and apply to the court to set the demand aside only if the demand is “frivolous,

ve...
QUESTION 1

According to section 165 of the derivative action act, the shareholder are to take the

following steps:

Demand (notice) to company

The shareholder can deliver a notice to a company demanding that it institute legal

proceedings or take other steps to protect the company’s legal interests.

Company action

Within 15 days of the company being served with the demand, the company may move

forward and apply to the court to set the demand aside only if the demand is “frivolous,

ve...
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