Tim, a member of a company desired to put forward a resolution about changing the director of the company. However, the accountant of the company mentioned to him that he cannot pass the resolution alone. Nevertheless, Tim did not take the advice of the accountant and put forward his resolution. Required 1. With reference to Companies Act of Fiji 2015, explain the laws pertaining to members’ resolutions.
Tim, a member of a company desired to put forward a resolution about changing the director of the company. However, the accountant of the company mentioned to him that he cannot pass the resolution alone. Nevertheless, Tim did not take the advice of the accountant and put forward his resolution. Required 1. With reference to Companies Act of Fiji 2015, explain the laws pertaining to members’ resolutions.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Tim, a member of a company desired to put forward a resolution about changing the director of the company. However, the accountant of the company mentioned to him that he cannot pass the resolution alone. Nevertheless, Tim did not take the advice of the accountant and put forward his resolution.
Required
1. With reference to Companies Act of Fiji 2015, explain the laws pertaining to members’ resolutions.
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