LML4806
Assignment 1 Semester 2 2025
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
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
Assignment 1 Semester 2 2025
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
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
