Easy Ltd is a company that manufactures and sells golf clubs. The directors of the...
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Easy Ltd is a company that manufactures and sells golf clubs. The directors of the company are Dong and Anurpreet. Easy Ltd sold Fines Pty Ltd a piece of land at a price of $15,000. However the propertys market value is $25,000. Dong is a majority shareholder of Fines Pty Ltd. a) Do the directors need to get members approval for this transaction to proceed? b) What duty has been breached?
(please answer using ILAC) I : Issue Law : Law --> with laws and Sections A: Application C: Conclusion
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