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.

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

DO NOT JUST COPY THE SECTIONS AS YOUR ANSWER

(1)  SECTION 198A    –   WORD LIMIT 200 WORDS

(2)    SECTION 191    –     WORD LIMIT 200 WORDS

 (3)  SECTION 250R (2) &(3) WORD LIMIT  200 WORDS

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