class rights Flashcards
1
Q
uniformity of shares
A
s 629
2
Q
how many distinct categories of rights in AA
A
Cumbrian Newspaper
1) rights attached to particular shares (dividend rights)
2) rights unconnected with membership (eg right to be the company’s solicitor, Eley)
3) rights not attached to particular shares but conferred on the beneficiary in its capacity as SH (eg right to appoint D)
3
Q
how to vary class rights
A
special meeting to obtain consent (s 630)
