A 28
CAP. 70]
The Hongkong and Shanghai Bank Regulations
[1989 Ed.
[Subsidiary]
sums then due have been paid and having been such holders during not less than three months prior to the date of such requisition, forthwith proceed to convene an extraordinary general meeting of the bank; and in case of any such requisition the following provisions shall have effect-
(a) the requisition must state the objects of the meeting and must be signed by the requisitionists and deposited at the head office, and may consist of several documents in like form, each signed by one or more requisitionists;
(b) in case the board fails to convene an extraordinary general meeting to be held within twenty-one days after such requisition has been deposited, the requisitionists or a majority of them in value may themselves convene the meeting for the purpose so specified but not for any other purpose; but any meeting so convened shall not be held after three months from the date of such deposit;
(c) any meeting convened under this regulation by the requisitionists as aforesaid shall be convened in the same manner, as nearly as possible, as that in which meetings are to be convened by the board.
60. (Repealed L.N. 157 of 1987)
61. Definition of “special” resolution
A resolution shall be a special resolution when it has been passed by not less than three-fourths of the votes cast by such shareholders as, being entitled so to do, vote in person or by proxy at a general meeting of which not less than twenty-one days' notice specifying the intention to propose the resolution as a special resolution has been duly given:
Provided that, if all the members entitled to attend and vote at any meeting so agree, a resolution may be proposed and passed as a special resolution at a meeting of which less than twenty-one days' notice has been given.
(L.N. 157 of 1987)
62. Notice of meeting
An annual general meeting and a meeting called for the passing of a special resolution shall be called by not less than twenty-one days' notice. Any other meeting of the shareholders shall be called by not less than fourteen days' notice. Every notice of a meeting shall specify the place, day and hour of meeting. In the case of special business the notice shall also specify the general nature of such business and shall be given by advertisement in at least one
A 28
CAP. 70]
The Hongkong and Shanghai Bank Regulations
[1989 Ed.
[Subsidiary]
sums then due have been paid and having been such holders during not less than three months prior to the date of such requisition, forthwith proceed to convene an extraordinary general meeting of the bank; and in case of any such requisition the following provisions shall have effect-
(a) the requisition must state the objects of the meeting and must be signed by the requisitionists and deposited at the head office, and may consist of several documents in like form, each signed by one or more requisitionists;
(b) in case the board fails to convene an extraordinary general meeting to be held within twenty-one days after such requisition has been deposited, the requisitionists or a majority of them in value may themselves convene the meeting for the purpose so specified but not for any other purpose; but any meeting so convened shall not be held after three months from the date of such deposit;
(c) any meeting convened under this regulation by the requisitionists as aforesaid shall be convened in the same manner, as nearly as possible, as that in which meetings are to be convened by the board.
60. (Repealed L.N. 157 of 1987)
61. Definition of “special” resolution
A resolution shall be a special resolution when it has been passed by not less than three-fourths of the votes cast by such shareholders as, being entitled so to do, vote in person or by proxy at a general meeting of which not less than twenty-one days' notice specifying the intention to propose the resolution as a special resolution has been duly given:
Provided that, if all the members entitled to attend and vote at any meeting so agree, a resolution may be proposed and passed as a special resolution at a meeting of which less than twenty-one days' notice has been given.
(L.N. 157 of 1987)
62. Notice of meeting
An annual general meeting and a meeting called for the passing of a special resolution shall be called by not less than twenty-one days' notice. Any other meeting of the shareholders shall be called by not less than fourteen days' notice. Every notice of a meeting shall specify the place, day and hour of meeting. In the case of special business the notice shall also specify the general nature of such business and shall be given by advertisement in at least one
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