(b)Springvale (Pvt) Ltd is a private company duly incorporated and trading in terms of the laws of Zimbabwe. Its registered office is in Harare, Zimbabwe. Mr Brown owns the entire issued share capital of the company which specialises in the retail of stationery products. Mr Brown is the only director of the company and Mrs Brown, his wife, is the company secretary and both of them are ordinarily resident in neighbouring South Africa. The day-to-day management of the company has been left to Mr Fixit, a very experienced and reliable manager who resides in Harare, Zimbabwe.RequiredIn relation to company law, advise Mr and Mrs Brown on the legal position relating to the directorship and the position of company secretary in relation to the provisions of the Companies Act (Chapter 24:03). (5 marks)
