Week 12 - Proceedings at Meetings Flashcards
1
Q
What does Quorum mean?
A
The minimum number of members which must attend for the meeting to be valid
2
Q
What is the quorum normally?
A
2, unless the company only has one shareholder and that shareholder is there or if the article states you need more
3
Q
Voting
A
Can choose whether by show of hands or poll
4
Q
What are proxies?
A
Person who attends a meeting and votes on behalf of a member
5
Q
Records
A
Company must keep records of all resolutions passed at other general meetings; minutes of general meetings; decisions taken by sole member companies
