Question: 3 (a) What is the procedure for varying the rights attached to a class of shares if the memorandum and articles are silent on the

(a) What is the procedure for varying the rights attached to a class of shares if the memorandum and articles are silent on the matter? What safeguards are there for a minority of that class?

(b) Explain the liability of a person who presents a forged share transfer to the company for registration and is registered accordingly. Can the company ever be liable in this situation?

(The Institute of Chartered Secretaries and Administrators)

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