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December 16, 2015

With reference to meetings of directors of a company, explain the following: Matters that require a special resolution.

a) Describe the powers of Commissioner for Cooperative Development during liquidation of a cooperative society. (10 marks)

b) The members of Changamwe Cooperative Society Ltd wish to change the name of their society to Mawe Cooperative Society Ltd and seek your legal advice.

Advise the members on the following:

1. Procedure to be followed in order to change the name. (6 marks)
2. Legal effect of the change of name (6marks)
a) With reference to meetings of directors of a company, explain the following:
1. Meaning of the term “special resolution”
2. Matters that require a special resolution.

b) Highlight the circumstances under which a director of a company would be disqualified from holding office. (6 marks)

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