Constitution Holder Vs Shareholders

Summary

The ability of a constitution holder of an Australian Business Number (ABN) to override shareholders depends on the specific provisions within the companys constitution and relevant corporate laws in Australia. Generally, the companys constitution sets the rules for internal management, while shareholders have certain rights that cannot easily be overridden. The type of company (e.G., private, public) and location can affect these rules.

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Can a constitution holder of an abn override shareholders
Hi ****! The ability of a constitution holder of an Australian Business Number (ABN) to override shareholders depends on the specific provisions within the company's constitution and relevant corporate laws in Australia. Generally:
- The company's constitution sets the rules for internal management.
- Shareholders have certain rights that cannot easily be overridden.
Could you specify the type of company (e.g., private, public) and your location? This would help in providing more precise information.