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In: Accounting

“If a person owns 80% of the shares in a company then they can make any...

“If a person owns 80% of the shares in a company then they can make any changes they like to the company’s constitution.” REQUIRED: Critically discuss, stating whether you agree or disagree with the above statement. Refer to relevant case law and/or statutory law in your answer as appropriate.

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Answer:

I agree with the above statement,The promoter of the organization is likewise the greater part investor/shareholder. On account of since quite a while ago estabilshed organizations, the children of the founder can likewise be the controlling investor. The larger part investor is a key partner and influencer in the organization's corporate operations and key technique by possessing the greater part or more than 50% of the voting interest. For instance, it could be in their capacity to replace the officers or board of directors of an organization,

The controlling investor is an individual or organization that holds and controls in more than half of the outstanding stock of an enterprise. An individual or working entity has a lot of authority over the organization as a greater part investor, particularly if their shares are casting a ballot shares. Casting a ballot shares offer investor/shareholder agree to decide on various business decisions, for example, who ought to be on the directorate/board of directors of the firm.

ekkarill92 answered 1 year ago
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