Shareholders of a company in general meeting who are unhappy with the management decisions of the board of directors do not have the right to:

Question

Quizplus · Accepted Answer

Shareholders have the right to remove directors, appoint new directors and amend the Constitution to limit the director's authority. However, they do not have the right to override or suspend the board's management authority and make management decisions in its place. The board of directors are appointed to manage the company and shareholders can only hold them accountable through methods such as removing them or limiting their authority through internal rules or the Constitution.

Shareholders of a Company in General Meeting Who Are Unhappy