meetings_and_resolution.

May 19th, 2015
Studypool Tutor
American Commercial College - Abilene
Price: $10 USD

Tutor description

Word Count: 7037
Showing Page: 1/17
5MEETINGS AND RESOLUTIONS5.1Company General MeetingsThese are held from time to time in order:(a)to comply with statutory provisions which require certain general meeting to be held in order to transact specified business, such as the statutory meeting, the annual general meeting and class meetings.(b)to transact business which may only be transacted at a general meeting of the members or shareholders, such as alteration or reduction of the company's capital.(c)to enable the directors and members to exchange views regarding the running of the company's affairs or resolve some existing dispute.5.2Types of General Meeting5.2.1The Statutory MeetingBy section 130 every public company limited by shares and every public company limited by guarantee and having a share capital shall, within a period of not less than one month nor more than three months from the date at which the company is entitled to commence business, hold a general meeting of the members of the company, which shall be called the statutory meeting. The statutory meeting is held for the specific purpose of enabling the members of the company to consider the statutory report. However, s.130(7) provides that "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

Review from student

Studypool Student
" Thanks for the help. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1827 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors