| Commentary

84.3 Power of members to call a meeting at company’s expense

| Commentary

84.3 Power of members to call a meeting at company’s expense

If the directors comply with their duty to call a meeting on receipt of a shareholders’ requisition, there should be no problem for the shareholders in proposing any specified resolution at the resulting general meeting. If, on the other hand, the directors refuse or fail to call the meeting as required, the shareholders in question may feel that their rights have been frustrated. Consequently, the Companies Act 2006 gives the shareholders (or a certain percentage of them) the right to call a general meeting themselves where the directors are

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