Convening
of extra-
ordinary general
meeting on requisition. 8 Edw. 7 c. 69 s. 66.
Provisions
as to meet- ings and
votes.
Ib. s. 67.
Representa-
tion of com- panies at meetings of other com- panies of
474
(7) The members of the company present at the meeting shall be at liberty to discuss any matter relating to the formation of the company, or arising out of the statutory report, whether previous notice has been given or not, but no resolution of which notice has not been given in accord- ance with the articles may be passed.
(8) The meeting may adjourn from time to time, and at any adjourned meeting any resolution of which notice has been given in accordance with the articles, either before or subsequently to the former meeting, may be passed, and the adjourned meeting shall have the same powers as an original meeting.
(9) If a petition is presented to the court in mamer provided by Part IV of this Ordinance for winding up the company on the ground of default in filing the statutory report or in holding the statutory meeting, the court may, instead of directing that the company be wound up, give directions for the statutory report to be filed or a meeting to be held, or make such other order as may be just.
(10) The provisions of this section as to the forwarding and filing of the statutory report shall not apply in the case of a private company,
67.—1) Notwithstanding anything in the articles of a company, the directors of a company shall, on the requisi- tion of the holders of not less than one-tenth of the issued share capital of the company upon which all calls or other sums thea dute have been paid, forthwith proceed to convene an extraordinary general meeting of the company.
(2) The requisition must state the objects of the meet- ing, and must be signed by the requisitionists and deposited at the registered office of the company, and may cousist of several documents in like form, each signed by one or more requisitionists.
(3) If the directors do not proceed to cause a meeting to be held within twenty-one days from the date of the requisition being so deposited, the requisitionists, or a majority of them in value, may themselves convene the meeting, but any meeting so convened shall not be behl after three months from the date of the deposit.
(4) If at any such meeting a resolution requiring con- firmation at another meeting is passed, the directors shall forthwith convene a further extraordinary general meeting for the purpose of considering the resolution and, if thought fit, of confirming it as a special resolution; and, if the directors do not convene the meeting within seven days from the date of the passing of the first resolution, the requisi- tionists, or a majority of them in value, may themselves convene the meeting,
(5) Any meeting convened under this section by the requisitionists shall be convened in the same manner, nearly as possible, as that in which meetings are to be convened by directors.
9
63. In default of, and subject to, any regulations in the articles-
(4) A meeting of a company may be called by seven days' notice in writing, served on every member in manner in which notices are required to be served by Table A in the First Schedule to this Ordinance :
(2) Five members may call a meeting :
(777) Any person elected by the members present at
a meeting may be chairman thereof : (ir) Every member shall have one vote.
69. A company which is a member of another company may, by resolution of the directors, authorise any of its officials or any other person to act as its represcutative at any meeting of that other company, and the person so authorised shall be entitled to exercise the same powers on behalf of the company which he represents as if he were are members. an individual shareholder of that other company.
which they
1b. s. 68.
Page 25Page 26
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