Company Law - Company Names and name change - ACCA LW Global
YouTube video
2 Comments
M
MikeLittleTutor·
That is correct. If a proposed action is against your own internal rules, then you cannot pursue that action. Otherwise, what's the point of having those rules?
If there is a strong majority that wishes to follow that action, then it is available to the company to call an 'Other General Meeting' for the purpose of amending / altering / adding to the existing Articles in order to incorporate the proposal
Check the case Ashbury Railway Carriage and Iron Company v Riche
OK?
A
Abraham·
Hi,
Regarding the "Objects" topic, if a company seeks to pursue an objective that contravenes its objective in the Constitution, any member can object (even if they have only 1 share). But is it as long as the member object, no matter how many people vote in favor of the objective, the pursued objective cannot be realized?
If there is a strong majority that wishes to follow that action, then it is available to the company to call an 'Other General Meeting' for the purpose of amending / altering / adding to the existing Articles in order to incorporate the proposal
Check the case Ashbury Railway Carriage and Iron Company v Riche
OK?
Regarding the "Objects" topic, if a company seeks to pursue an objective that contravenes its objective in the Constitution, any member can object (even if they have only 1 share). But is it as long as the member object, no matter how many people vote in favor of the objective, the pursued objective cannot be realized?