New Busyness Pty Ltd was incorporated with a constitution that provided that Michael, the company solicitor, would be the only solicitor Used by the company. The three directors and members of the company now wish to change this provision but are concerned that Michael may contest the change. Explain the provision under the Corporations Act 2001 (Cth) that would prevent Michael from successfully contesting this change.

Answer rating: 100% (QA)

According To Corporations Act 2001 A company does not need to have a separate constitution of its own it can simply take advantage of the rules in the ... View the full answer