• In 2020, A and B incorporated a private company “Cash & Carry ltd”. A, B, Y and Z are shareholders of the company. A a
Posted: Tue Jul 05, 2022 8:48 am
• In 2020, A and B incorporated a private company “Cash &Carry ltd”. A, B, Y
and Z are shareholders of the company. A and B are the onlydirectors of C
ltd.
•
• Y and Z have now each acquired a minority shareholding of 10%and 15%
respectively in the company. They are unhappy with the level ofbonus
payments that the directors of the company are paying tothemselves.
•
• Advise Y and Z as to what action they can take in respect ofthose
payments.
and Z are shareholders of the company. A and B are the onlydirectors of C
ltd.
•
• Y and Z have now each acquired a minority shareholding of 10%and 15%
respectively in the company. They are unhappy with the level ofbonus
payments that the directors of the company are paying tothemselves.
•
• Advise Y and Z as to what action they can take in respect ofthose
payments.