Law Tutor

I need an answer for the question below, just first 2 parts are fine, but if you answer whole question. I am much appriciate.

Around 1200 words. More details will be attached in documents. 

Also One of the PDF file is "approach to answering the problem" . Please follow both instruction sated in both PDF file.

What is the relationship between the rule in Foss v. Harbottle (1843) 2 Hare 461 and the statutory derivative action under Part 2F.1A of the Corporations Act 2001 (C’th)? Should the statutory derivative action be reformed and why? This is a Members’ Remedies topic. Discuss fully.

Thank You