问题详情

GiltLtdisasmallcompanywithanissuedsharecapitalof100,000￡1sharesheldby100members.
Harry,themanagingdirectorofGiltLtd,hasbeenapproachedbyIttplcinrespectofitsmakingatakeoverbidforGiltLtd.IttplchasgivenHarrywhatisdescribedasafacilityfeeof￡50,000forensuringthatthetakeoverissuccessful.
AtthenextboardmeetingHarryconvincestheotherdirectorsthatthetake-overbidisinthelong-terminterestofGiltLtd,buttheyareconcernedthattheholdersofthemajorityoftheissuedsharecapitalwillnotapproveofthetakeover.
Inordertoensurethesuccessofthetakeover,thedirectorsofGiltLtdagreethattheyshouldallotsufficientnewsharestoIttplctoensurethatanewmajorityofmemberswillsupportthetakeover.
AftertheallocationofthesharestoIttplcageneralmeetingiscalledtoconsiderthetakeoveranditisapproved,withIttplcvotinginfavour.
May,asubstantialshareholderinGiltLtdhassubsequentlyfoundoutabouttheactionsofIttplc,Harryandtheotherdirectors.
Required:
AdviseMayastothelegalityoftheshareallotmentandastowhatactioncanbetakenagainstHarry.
请帮忙给出正确答案和分析，谢谢！