86.2 Short notice

A company may call a general meeting by shorter notice than the period which would normally be required, if a sufficient number of shareholders agree1. For a private company, this is a majority in number of the members having a right to attend and vote at the meeting, together holding not less than 90%2 in nominal value of the shares giving that right (excluding any shares in the company held as treasury shares)3. For a public company, the requisite percentage is 95%, unless the meeting is an annual general meeting, in which

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial