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Allan,Beauty andCollins were partners of a partnership before they incorporatedAB

C、Ltd to replace the business of the partnership. They are the directors and the shareholders of the company, and each of them holds one third of the company’s shares. The company adopts Table
A、of theCompanies OrdinanceCap 32) as its articles of association.About one month ago, by a properly convened shareholders’ meeting, it was resolved thatBeauty andCollins were to take full responsibility for the management of the company. The resolution was objected to byAllan when it was passeD、Required:AdviseAllan as to whether any unfairly prejudicial conduct has been committed byBeauty andCollins. (10 marks)
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