A person dealing with a company is entitled to assume in the absence of facts putting him in doubt that there has been
due compliance with all matters of internal management and procedure required by articles of association.
With reference to the rule in Royal British Bank v. Turquand, summarise five exceptions to the above statement.
Every public company is required to have at least one corporate secretary.
In view of the above statement:
(i) Highlight seven particulars that must be stated in the register of secretaries of a public company where the
corporate secretary happens to be a company or a firm.
(ii) Explain three ways through which the Corporate Secretary's function might be discharged in the event that
the office falls vacant or the Secretary is unable to act.
David is a director of a registered company that does not have a share capital. The company has proposed to vary the
rights of a certain class of members, some of whom have bitterly resisted the proposal prompting David to seek your
legal advice.
Advise David on five ways through which the proposed variation of class rights might be effected.
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