Australian Company Law: could the validity of the resolution passed at the extraordinary general meeting be challenged and if so, what would be the remedy?
Australian Company Law Wicrem Pty Ltd (Wicrem) was incorporated in April 2021 by Eshan and Sharon. Eshan and Sharon were the only directors and Eshan, Sharon, Tony, Chathu and Clare were the only shareholders, each holding 10 shares. The company used the replaceable rules. At the first directors’ meeting on 12th April: • Sharon was … Read more