Please enable JavaScript.
Coggle requires JavaScript to display documents.
10.MEETINGS AND RESOLUTIONS - Coggle Diagram
10.MEETINGS AND RESOLUTIONS
2.TYPE OF MEETINGS
Annual General Meeting
private company - not required to hold every calender year
public company - required to hold every calender year
laying of audited financial statements and reports of directors and auditors
appointment and fixing of the fee of directors
any resoltution or others buisness of which notice is given
election of directors
if first AGM held 18 months of incopration = not required to hold another AGM for the year
Subsequent AGM
Within 6 month of co. Financial year end
Not more than 15 months after the last preceding AGM
Meeting of Members
s311(2)CA2016
S311(1) CA2016 : members of company may require rectors to convene meeting for members of company
members’ requisition
-in hard copy / electronic fom
-state general nature of buisness to dealt with in meeting
-may include text of resolution that may properly be moved and intend to be moved at the meeting AND
-shall be signed by the person making the requisition
s311(3) - directors shall call for a meeting once they receive requisition from :
members represent >=10% paid up capital and carry voting rights
no share capital (
CLBG
) = member represent >=5% of totol members has voting rights
after 12 months since last meeting, for
PRIVATE
company members represent >=5% of paid up capital and carry voting rights
s312(1)
director calls for meeeting within 14 days from date of requisition
Directors hold the meeting on a date not more than 28 days after the date of notice
s313(1) CA2016
if director do not do the meeting upon requsted , members that requisitioned the meeting/any member represents more than half of voting rights may call for meeting
meeting convened <3 months after date director received the requisitioned
notice of meting include
-text of resolution
-buissness dealt with at the meeting
if directors fail to convene meeting and the members convene meeeting themselves = members can claim reimbursement
s314 CA 2016
IF ANY REASON IMPRACTICABLE
to call for meeting of members in manner supposd to OR
to conduct meeting in the manner supposed to
court can order a meeting to be held in any manner court thinks fit
S312(4)
Special resolution - directors shall be consider as not having duly called for meeting IF notice of resolution is x given accordance to CA 2016
Class Meeting
goverened by s339 - class meeting involving members holding preference shares
NOTICE OF MEETING
private company
other tha special reolution meeting , notice given at least >14 days or longer period
for special resolution meeting , notice given not less >21 days
public company
other tha special reolution meeting , notice given at least >21 days or longer period
for AGM, notice given at least >21 days
manner of giving notice
special notice
omission to give notice of a meeting
INTRO
ADDITIONAL INFO
QUORUM
CHAIRPRSON
VOTING
PROXY
RESOLUTIONS
written resolution by private companies
ordinary resolution
special resolution
POST MEETING REQUIREMENT
RECORDS OF RESOLUTIONS AND MEETINGS