If shareholders requisition an extraordinary general meeting, could the directors convene the meeting at a place far away from its place of business or the place where most shareholders are resident (so as to discourage attendance)?
Please also cite relevant case laws. Thanks!
Company law - place of general meeting?
2012-04-10 8:10 pm
回答 (3)
2012-04-10 8:34 pm
✔ 最佳答案
The by-laws of a corporation generally state where, when, and for what reason(s) a special meeting may be held, who has the privilege to attend, and advice on proxy "attendance". Holding such a meeting in a place where attendance would be difficult for those involved would probably nullify any actions of the meeting. However, if there is an individual who holds enough shares to be consider a quorum and in effect control the vote, he/she could hold the meeting in their bathroom.
2012-04-11 3:13 am
The shareholders should just vote the directors out of office and elect someone they can trust.
2012-04-11 3:12 am
Nah, do your own homework. Thanks for the offer though.
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