In 2008, Dee, Fi, Gee and Ki formed a private limited company to pursue chemical research. They each took 100 shares in the company and each of them became a director in the company. The articles of association of the company were drawn up to state that Dee, a qualified accountant, was to act as the company secretary for a period of five years, at a yearly salary of ￡20,000.In May 2012, Fi, Gee and Ki discovered that Dee had passed on some research results to a rival company.As a consequence, Fi, Gee and Ki propose the following measures:(a) to remove Dee from the board of directors; (2 marks)(b) to dismiss Dee from her post as company secretary without any payment for the work she has already done, in spite of Dee’s claim that she has a contract of employment by virtue of the articles of association and that she cannot be removed before the five-year period is completed; (4 marks)(c) to alter the articles of association to require Dee to sell her shares to them. (4 marks)Required:Advise Fi, Gee and Ki as to the legality of the above proposals and how they may be achieved.Note: The split of the mark allocation is shown against each of the proposals above. (10 marks)
