Proxy in accordance to companies act

Assignment Help Business Management
Reference no: EM133652865

Question

Alan is a member of Permata Sdn Bhd (PSB). PSB held a general meeting last month. Alan was abroad at the time. As such, he was not able to attend the meeting. Alan appointed Lucy as his proxy in accordance to the Companies Act 2016 and rules fixed by PSB. Unfortunately, Lucy was not permitted to vote by Harris, the chairman to the meeting. When Alan was back in Malaysia, he went to Pamela's office, who is the secretary of PSB. Alan asked Pamela's clarification on the incident. According to Pamela, Harris's decision was made based on the fact that Alan has not made full payment for his shares in PSB. In the meeting as well, Alan asked for minutes' bool. He wished to have a look at it and tried to understand what happened on that day. However, his request was declined by Pamela. Alan was extremely unhappy. In the meantime, Alan has a brother, Lionel who is also a businessman. Lionel and three other persons, Sebastian, Rowland and Duncan, incorporated a company named Clear River Sdn Bhd (CRSB). Four of them are members as well as the directors of CRSB. Everything went on well until recently Lando came.

Reference no: EM133652865

Questions Cloud

Excluded social group in each market : Can multinationals wield competitive advantage by aggressively hiring talented members of the excluded social group in each market?
Identify which campaign strategy each candidate is employing : Identify which campaign strategy each candidate is employing. Drag each item on the left to its matching item on the right.
Hidden obstacles is common in business practices : The idea of false promises or hidden obstacles is common in business practices. I often think about the guarantees that are placed on products and services
Steam generator tube manufacturing : A worldwide shortage of nickel has made Inconel unavailable for steam generator tube manufacturing.
Proxy in accordance to companies act : Alan appointed Lucy as his proxy in accordance to the Companies Act 2016 and rules fixed by PSB.
Negotiations is set of processes and analytic skills : Negotiations is a set of processes and analytic skills that can be applied to good effect in courts, diplomacy, city planning,
Wireless printers for both consumers and businesses : You were newly hired by Smart Machinery Company Ltd. Smart Machinery offers great deals on wireless printers for both consumers and businesses.
What might be potential challenge : David, a US citizen, and Elena, a Ukrainian national, met online. What might be a potential challenge in theri K-1 Visa Appliaion?
Implementation plan for social media marketing campaign : Implementation plan for a social media marketing campaign for Audio partners a start up comapny who developed the first of its ind hearing aid earrring.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd