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Advise the company and what the company should do

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A shareholder in the company that owns 5% of the shares issued by the company has been complaining lately, that the directors had refused to pay dividends for the past 4 years and is concerned that in that time they have rewarded themselves with bonuses.

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Question 1: Advise the company of the above and what the company should do. In your answer please refer to relevant case law and legislation

Reference no: EM132557946

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