Week 12 - Notice

Question 1

How many days notice is required for general meetings?

Answer 1

14 days - not including the day it is sent or the day of the meeting

Question 2

How many days notice is required for AGMs of a public company?

Answer 2

21 days, but they can require longer via articles (Never less though)

Question 3

For shorter notice, what percentage must be agreed by the majority of members for a private company?

Answer 3

90%

Question 4

For shorter notice, what percentage must be agreed by the majority of members for a public company?

Answer 4

95%

Question 5

For shorter notice, what percentage must be agreed by the majority of members for the AGM of a public company?

Answer 5

100%

Question 6

How long is special notice?

Answer 6

At least 28 days - not including day of notice or meeting

Question 7

What would special notice be required for?

Answer 7

• to remove a director or to appoint someone in his place at the removal meeting pursuant to s.168
• to remove an auditor
• to appoint a new auditor

Question 8

Who is special notice by and to?

Answer 8

Special notice is by shareholders to the company