Assignment 1 Semester 2 2025
Unique Number:
Due Date: August 2025
QUESTION 1
JP Textiles Ltd may make provision for shareholders and their proxies to participate in the
upcoming annual general meeting (AGM) via electronic communication, provided this is not
prohibited by the company’s Memorandum of Incorporation (MOI).1 Section 63(2) of the
Companies Act 71 of 2008 specifically allows for electronic attendance if the participants can
communicate concurrently and reasonably effectively without an intermediary.1
If the company chooses to allow such participation, it must include in the notice convening
the meeting a clear statement that electronic participation is available. The notice should also
contain sufficient information to enable shareholders and proxies to access the chosen
electronic platform.1 For example, a Microsoft Teams link with a user-friendly manual would
be acceptable.1
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