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Notice to hold a meeting

Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › Notice to hold a meeting

  • This topic has 4 replies, 3 voices, and was last updated 2 years ago by AvatarMikeLittle.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • July 29, 2023 at 11:18 pm #689115
    AvatarMelodyC
    Participant
    • Topics: 14
    • Replies: 20
    • ☆

    Hello guys.

    In the textbook, it indicates the rules for directors calling an AGM to be “at least 21 days notice should be given”. But it also says that “a general meeting at which a special resolution is proposed requires 14 days’ notice”.

    Does it mean that an AGM at which a special resolution is proposed still requires 21 days’ notice or say that no matter what holding an AGM must have 21 days’ notice? And then, in which case does the 14 days’ notice rule apply?

    July 30, 2023 at 6:10 am #689123
    Avatarmrjonbain
    Moderator
    • Topics: 6
    • Replies: 2607
    • ☆☆☆☆☆

    I believe it is 14 days notice now for both notice of meetings and for notice of special resolutions to members.

    July 30, 2023 at 8:00 am #689131
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Hi again Melody. The notice period for an Annual General Meeting is 21 days whether or not there is a special resolution to be proposed.

    The notice period for an ‘other general meeting’ ie not the AGM is 14 days and that is also the notice period requirement for a special resolution.

    Does that clear it up?

    July 31, 2023 at 9:12 pm #689205
    AvatarMelodyC
    Participant
    • Topics: 14
    • Replies: 20
    • ☆

    Oh, thanks Mike!

    August 1, 2023 at 8:51 am #689226
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    As always, you’re very welcome

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