Page 238 - Microsoft Word - 00 Prelims.docx

Chapter 9

Restriction of powers made by the members

If the members are unhappy with the way a company is being run they have two
additional courses of action open to them:

 A director can be removed at any time by an ordinary resolution of the members
and they may see fit to exercise this right should their views be ignored

 The members can alter the articles by passing a special resolution. This power
could therefore be used to restrict the directors’ powers

234