class meeting

NO! There’s nothing to explain!

“QUORUM” – the word to be defined

“two person” – means two people

“holding ……… at least one third in nominal value” means that these two people hold not less than one third of the nominal value

“or representing by proxy” I believe that you have mistyped this and it should read “or represented by proxy” – this means that our two people that hold not less than one third in nominal value are not themselves able to attend so they have appointed other people (or a person) to attend on their behalf

“of the issued shares of the class in question” means that our two people who hold at least one third of the nominal value who may themselves attend or who may not be able to attend but who have appointed other people (or a person) to attend on their behalf are holding this “not less than one third of the nominal value of the shares of the class” that we are referring to

Now, Syed, I’m so happy that we’re fast approaching exam day because hopefully then I shall not be waking up to two more law questions from Syed that a little bit of common sense from him could have answered

Syed, you’re a P2 student! It is generally believed that a P2 student is capable of applying some degree of thought into interpreting relatively simple English sentences even though English is not their first (nor, possibly, even their second) language

Please, do keep asking your questions but may I ask you to think first before you post so that your questions have a chance of raising themselves to a professional level?

That’s ok – there’s not long to go before it’s over. When are you taking F4?

The class is, say, “”A” Ordinary Shares of $1 each” and there are 300 in issue

You want an example of 1/3rd of the nominal value of the shares?

100 shares with a nominal value of $1 each?

Is that ok (or maybe too deep?)

You’re welcome