【分析解答题】

Duffy Limited is a private company limited by shares, with a share capital ofEUR 1,000,000, divided into shares ofEUR 1 each.Duffy Limited adopted Table

A、ofCap. 113 as itsArticles ofAssociation.Duffy Limited invested its share capital in listed company bonds and shares and, one and a half years later, it made a profit ofEUR 100,000. The company had no other transactions.Dona, who is the sole shareholder ofDuffy Limited, wishes immediate distribution of the profit to her, before the end of the company’s financial year.Dona further anticipates the reduction in the scale ofDuffy Limited’s operations on completion of its current financial year, and as a resultDuffy Limited will only need a capital ofEUR 500,000 for its business.Required:AdviseDona as to her legal rights and procedures necessary to distribute among herself: (a) the amount ofEUR 100,000 before the end of the company’s financial year; and (4 marks)