Q58
To safeguard the interest of the shareholders through class action suits, an application may be made to the Tribunal. Which one of the following is wrong? An application
A.
To restrain the company from committing an act which is ultra vires the Articles or Memorandum
B.
To restrain the company from committing breach of any provision of the Company's Memorandum and Articles
C.
To restrain the Company from taking action to any resolution passed by members
AnswerD.
To restrain the Company and its Directors from acting on a resolution obtained by mis-statement to the members or depositors
Answer: Option C
Solution
Answer: Option C
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