Chairman - meetings and resolutions, Business Law and Ethics

Assignment Help:

PROXIES - meetings and resolutions:

By S.136(1), any member of a company entitled to attend and vote at a meeting of the company shall be entitled to appoint one more person (whether a member or not) as his proxy to attend and vote instead of him.  A proxy appointed to focus and vote instead of a member of a private company shall also have the same right as the member to speak at the meeting.

However, unless the articles otherwise provide -

(i) No proxy shall be appointed by a member of a company not having a share capital; and

(ii) a member of a private company shall not be entitled to appoint more than one proxy to attend on the same occasion; and

(iii) a proxy shall not be entitled to vote except on a poll.

By S.136(2), every notice of a meeting must state the member's right to appoint a proxy or proxies and that they need not be members.  If default is made in complying with this subsection as respects any meeting every officer of the company who is in default shall be liable to a fine not exceeding Shs.1,000.

S.136(3) renders void any provision contained in a company's article requiring the instrument appointing a proxy to be received through the company or any other person more than 48 hours before a meeting or adjourned meeting in order that the appointment may be effective thereat.


Related Discussions:- Chairman - meetings and resolutions

Law assignment, hello.. iahve one business law assignment can you please gi...

hello.. iahve one business law assignment can you please give me quote?

Importance of sound public opinion in public policy making, Question 1: ...

Question 1: "Defining the problems of society and ensuring that they are placed on the governmental agenda constitutes the most important stage of policy making process." Discu

planned parenthood v. casey opinion, Common law systems such as that in th...

Common law systems such as that in the United States rely on prior decisions as a principal source for determining cases as they arise. a) What are the five ways that precedents

Meaning of oppression, MEANING OF "OPPRESSION":                    The...

MEANING OF "OPPRESSION":                    The Section does not define the word "oppression" or what constitutes "oppressive conduct".  However, the Cohen Committee's Report

State article1of universal declaration of human rights, State Article1of Un...

State Article1of Universal Declaration of Human Rights Article 1: 'All human beings are born free and equal in respect and rights. They are endowed with reason and conscience

Media Law, online Law test, Due tomorrow December 14th, 20 multiple choice...

online Law test, Due tomorrow December 14th, 20 multiple choice questions and 4 essay questions. Topics, Obscenity, child porn; broadcasting indecency, citizens united, ipr & cop

State about the underlying process - law institutions, State about the unde...

State about the underlying process - Law institutions The underlying process forms the basis of our next subtitle. The first point is, that if an optimal policy has been adopt

List eight main objectives of tax treaties, QUESTION (a) List eight mai...

QUESTION (a) List eight main objectives of tax treaties (b) Explain carefully how cases of dual residence for both individuals and companies would be resolved by the applica

Name the legislations passed regarding state succession, There are certain ...

There are certain legislations passed regarding state succession. For example, The continuance of legal Proceedings Act 1950; The Pakistan Currency Act 1950; The Pakistan

Principles of social investigative orcriminological research, The aim of th...

The aim of this module is to introduce you to the principles of undertaking social investigative and criminological research and evaluation. You will develop a critical awareness o

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd