Ahmed owns shares in Organic Food Public limited Company. He wants to propose a resolution that the company should endeavor to source organic food locally. He has gained the support of a number of other shareholders. Explain to Ahmed whether he can require the company to hold a meeting to consider his resolution, or if his resolution could be added to the agenda of the company’s Annual General Meeting, or Extra Ordinary Meeting. Would your answer be different if the company was a private limited company, Organic Food Ltd
Ahmed owns shares in Organic Food Public limited Company. He wants to propose a resolution that the company should endeavor to source organic food locally. He has gained the support of a number of other shareholders. Explain to Ahmed whether he can require the company to hold a meeting to consider his resolution, or if his resolution could be added to the agenda of the company’s Annual General Meeting, or Extra Ordinary Meeting. Would your answer be different if the company was a private limited company, Organic Food Ltd
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Ahmed owns shares in Organic Food Public limited Company. He wants to propose a resolution that the company should endeavor to source organic food locally. He has gained the support of a number of other shareholders. Explain to Ahmed whether he can require the company to hold a meeting to consider his resolution, or if his resolution could be added to the agenda of the company’s Annual General Meeting, or Extra Ordinary Meeting.
Would your answer be different if the company was a private limited company, Organic Food Ltd
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