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Some companies pay dividends to their shareholders.

Directors may determine by what method a dividend is payable.

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ASIC may apply to a court to have a company wound up if it does not have any members.

The members of a company own the company, but the company has a separate legal existence and the company’s assets belong to the company.

Alternatively, the company can continue to distribute hard copy reports to members.

A company must keep a written record (minutes) of the members’ resolutions and meetings.

Any changes to the constitution of a public company must be made by a special resolution: see ‘Voting’ below.

A copy of the resolution must be lodged with us within 14 days of the special resolution being passed.Members are entitled to inspect, free of charge, the minute books of a company at its registered office address or principal place of business.However, if a member requests a copy of minutes, the company may charge the fee for this service set out in Sch 4 of the Corporations Regulations.And the results revealed that couples who had met online were the most satisfied in their relationship, ahead of those who had met through work, in a bar or on a blind date!So what are you waiting for, start creating your profile free today...If the company is not a company limited by shares, in some circumstances members may have to contribute to the costs of winding up the company (and any incidental costs).

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