Question: THIS IS A PROBLEM QUESTION - ANSWER USING THE I.R.A.C. TEMPLATE Xanadu Ltd is holding its AGM on 20 March 2023. One of the shareholders
THIS IS A PROBLEM QUESTION - ANSWER USING THE I.R.A.C. TEMPLATE Xanadu Ltd is holding its AGM on 20 March 2023. One of the shareholders of Xanadu Ltd is a company, Kenmore Pty Ltd. The Board of Directors of Kenmore Pty Ltd would like to appoint Genevieve Daliupan, a solicitor, to represent Kenny Pty Ltd to vote on the various resolutions to be put to the AGM of XL Ltd. The Chairman of Kenny Pty Ltd has been advised that he must appoint Genevieve as a proxy for Kenny Pty Ltd so that she can represent it at the AGM of XL Ltd. Required: Advise whether this advice is correct. In your answer consider if there is a better alternative way for Kenny Pty Ltd to be resresented at the AGM of XL Ltd ANSWER USING THE IRAC TEMPLATE Your answer must include reference to rhevant sections of the Corporations Act 2001( Cth)
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