KNN Ltd is a private company limited by shares. Kevin is a director and shareholder of KNN Ltd, holding 25% of the issued share capital of KNN Ltd. Louis was appointed auditor of KNN Ltd by the board of directors prior to the first annual general meeting. Kevin proposes to remove Louis from office and appoint his wife, Mary, as auditor of KNN Ltd.Required:Advise Kevin as to whether, and how, he can implement his two proposals. (10 marks)
