Which of the following changes to a company's articles of association is valid?
A、Compelling a member to subscribe for additional shares
B、Permitting the company to perform an illegal act
C、Reducing the majority needed in a resolution to change the company's name to 25%
D、Compelling a member to accept increased liability on the company's shares that they hold
A、Compelling a member to subscribe for additional shares
B、Permitting the company to perform an illegal act
C、Reducing the majority needed in a resolution to change the company's name to 25%
D、Compelling a member to accept increased liability on the company's shares that they hold
【参考答案及解析】
A change to a company's articles is permitted providing it does not conflict with the Companies Act 2006 or general law. A company may set its own procedure for changing its name but may not perform an illegal act. Changes that compel a member to subscribe for additional shares or increase their liability on the shares they own are not permitted.
A change to a company's articles is permitted providing it does not conflict with the Companies Act 2006 or general law. A company may set its own procedure for changing its name but may not perform an illegal act. Changes that compel a member to subscribe for additional shares or increase their liability on the shares they own are not permitted.