ASIC or Corporations Act

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Reference no: EM133231101

1. Can the company still pay a dividend even though the current year has resulted in a trading loss and if they can why

2. Suren has been a director of two other companies in the last 7 years that became insolvent. Can he still be a director of Metrix?

3. In your report on issue number 4 of your written report you have referred to a court case. Explain to me the relevance of that case to the issues affecting Metrix or the directors of the company. (from Royal British Bank v Turquand. In Royal British Bank )

Use evidence from ASIC or Corporations Act

Reference no: EM133231101

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