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EXCEPTIONS:
A valid meeting may be constituted by the presence of one person in the following cases:
(i) If the meeting is an annual general meeting which was called by, or on the direction of, the registrar pursuant to S.131(2). In such a case, the section empowers the registrar to direct "that one member of the company present in person or by proxy shall be deemed to constitute a meeting".
(ii) If the meeting is one which has been called pursuant to a court order under S.135(1). The section empowers the court to direct that "one member of the company present in person or by proxy shall be deemed to constitute a meeting". This is illustrated by Re: El Sombren Ltd (88)
(iii) If the meeting is a class meeting held pursuant to the provisions of the articles for the purpose of authorizing a variation of a right to those shares and all the shares are held by one member, as in East v Bennett Brothers Ltd(94).
(iv) If the meeting is an adjourned meeting and the articles provide that "the member or members present shall be a quorum".
Technique of Reference to Arbitration Whereas a dispute may be referred to arbitration through like as; The parties in accordance by the agreement and The court wh
state the date on which the act came into force
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Provision of Fiduciary Duties - company management: This provision is supplemented by Article 84 of Table A which provides that- i. The director shall not vote in respect
i want to know the complete history of business.
Words are imprecise. Interpretation of words and the passages in which they are contained is a difficult task, but one nonetheless that is required when Courts are asked to apply t
Explain the Causation, Remoteness and Contributory Negligence in short. Causation: When the accident was going to occur anyway then causation is not proved, which is a third
Explain the open method of coordination There are at least five levels at which coordination can occur such as, - international, regional, national, sub-national and sectoral
Most executions take place using a lethal injection. The company that manufactures the drug that is most used has now announced that it is choosing to no longer produce that drug.
Contracts of Guarantee However a contract of guarantee or suretyship is such a contract through one person to answer that for the debt, such default or miscarriage of another.
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