law

how can i advise Robert about the proposed meeting to change the constitution of Wellbuilt Pty Ltd with particular reference to his rights in relation to the his shares?



Wellbuilt Pty Ltd is a large proprietary company running a medium sized commercial construction business in Melbourne. The company currently has 22 members. The company has a constitution based on the replaceable rules but with some extra provisions.

Robert acquired 2000 shares in his own name and 6000 shares in the names of nominees. This gives Robert 24.65% of the voting power of the company. The shares have been registered in the names of nominees because the Board did not know of the nominees. Robert is a former director and also holds preference shares issued to him when he initially joined the company board of directors. There are six current directors. The three who have been directors since the company was first set up also hold preference shares.

The Board of Wellbuilt Pty Ltd suspects that some shares may be held by nominees and now calls a general meeting to propose the following resolutions:

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asked by Nina

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