COMPANIES.
No. 58 of 1911.
2169
24. Any instrument appointing a proxy shall be in the following form :-
66
Company, Limited.
[Third Schedule. Form B
of
a member of the
appoint
of
being contd.] Company, Limited, hereby as my proxy, to vote for me and on my behalf at the [ordinary or extraordinary, as the case may be] general meeting of the company to be held on the
day of
and at any adjournment thereof
Signed this
day of
Directors.
25. The number of the directors, and the names of the first directors, shall be determined by the subscribers of the memorandum of association.
26. Until directors are appointed, the subscribers of the memorandum of association shall for all the purposes of the Companies Ordinance, 1911,
be deemed to be directors.
Powers of directors.
27. The business of the company shall be managed by the directors who may exercise all such powers of the company as are not by the Companies Ordinance, 1911, or by these articles, required to be exercised by the company in general meeting; but no regulation made by the company in general meeting shall invalidate any prior act of the directors which would have been valid if that regulation had not been made.
Election of directors.
28. The directors shall be elected annually by the company in general meeting.
Business of company.
[Here insert rules as to mode in which business of insurance is to be conducted.]
Audit.
66
29. Auditors shall be appointed and their duties regulated in accordance with sections 113 and 114 of the Companies Ordinance, 1911, and for this purpose the said sections shall have effect as if the word "members" were substituted for "shareholders", and as if "first general meeting" substituted for “statutory meeting".
Notices.
30. A notice may be given by the company to any member either personally, or by sending it by post to him to his registered address.
31. Where a notice is sent by post, service of the notice shall be deemed to be effected by properly addressing, pre-paying, and posting a letter containing the notice, and unless the contrary is proved to have been effected at the time at which the letter would be delivered in the ordinary course of post.
COMPANIES.
No. 58 of 1911.
2169
24. Any instrument appointing a proxy shall be in the following form :-
66
Company, Limited.
[Third Schedule. Form B
of
a member of the
appoint
of
being contd.] Company, Limited, hereby as my proxy, to vote
for me and on my behalf at the [ordinary or extraordinary, as the case may be] general meeting of the company to be held on the
day of
and at any adjournment thereof
Signed this
day of
Directors.
25. The number of the directors, and the names of the first directors, shall be determined by the subscribers of the memorandum of association.
26. Until directors are appointed, the subscribers of the memorandum of association shall for all the purposes of the Companies Ordinance, 1911,
be deemed to be directors.
Powers of directors.
27. The business of the company shall be managed by the directors who may exercise all such powers of the company as are not by the Companies Ordinance, 1911, or by these articles, required to be exercised by the company in general meeting; but no regulation made by the company in general meeting shall invalidate any prior act of the directors which would have been valid if that regulation had not been made.
Election of directors.
28. The directors shall be elected annually by the company in general meeting.
Business of company.
[Here insert rules as to mode in which business of insurance is
to be conducted.]
Audit.
66
29. Auditors shall be appointed and their duties regulated in accordance with sections 113 and 114 of the Companies Ordinance, 1911, and for this purpose the said sections shall have effect as if the word
19 members were substituted for "shareholders", and as if "first general meeting substituted for “statutory meeting".
Notices.
""
were
30. A notice may be given by the company to any member either personally, or by sending it by post to him to his registered address.
31. Where a notice is sent by post, service of the notice shall be deemed to be effected by properly addressing, pre-paying, and posting a letter containing the notice, and unless the contrary is proved to have been effected at the time at which the letter would be delivered in the ordinary course of post.
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