THE INTERNAL MANAGEMENT OF THE COMPANY IS TO BE GOVERNED BY A COMBINATION OF REPLACEABLE RULES AND A CONSTITUTION – NB SECTIONS 134 AND 135
THE COMPANY IS TO HAVE A CLASS OF ORDINARY SHARES AND A CLASS OF REDEEMABLE PREFERENCE SHARES NB SECTIONS 254A (2 )AND (3)
PART 2
EXPLAIN WHY THE FOLLOWING SECTIONS ARE IN THE CORP. ACT YOU ARE REQUIRED TO EXPLAIN THE HISTORICAL BACK GROUND AND REASON FOR THEIR INCLUSION IN THE CORP. ACT