Members in a company have a number of statutory rights. Which of the following is NOT a right of members in the Corporations Act 2001 (Cth) ?
A) The right to seek a correction of the share register;
B) The right to overrule bad management decisions made by directors;
C) The right to inspect the register of members;
D) The right to apply to inspect the company's books;
E) The right to request directors call a general meeting at the company's expense if the member(s) holds more than 5% of the voting shares issued by the company.
Correct Answer:
Verified
Q4: An officer or former officer of a
Q5: The only people who have standing to
Q6: Members' personal rights are sourced from a
Q7: Which of the following could potentially form
Q8: Lulu, Bucky and Mookie are directors of
Q10: Roch, Paco and Talbot are the directors
Q11: Why do company members need specific remedies?
Q12: Who is entitled to apply for an
Q13: What is 'oppressive conduct' within the meaning
Q14: Discuss five remedies available for an oppression
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents