, LML4806 Assignment 1 2025 (COMPLETE ANSWERS)
Semester 2 2025 – DUE August 2025;100% TRUSTED
Complete, trusted solutions and explanations
Question 1 1.
Legal Advice to Stefan Regarding the Fifth AGM of JP
Textiles Ltd
1. Statutory Framework – Section 61 and Section 63 of the
Companies Act 71 of 2008
In terms of section 61(7) of the Companies Act 71 of 2008, a
public company such as JP Textiles Ltd is required to hold an
annual general meeting (AGM) of shareholders. Importantly,
the Act recognises the use of electronic communication as a
means to facilitate participation in such meetings.
Section 63(2) specifically provides that:
"A company may provide for a shareholders meeting to be
conducted entirely by electronic communication; or for one or
more shareholders, or proxies for shareholders, to participate by
electronic communication in all or part of the meeting, so long
as the electronic communication employed ordinarily enables all
persons participating in that meeting to communicate
concurrently with each other without an intermediary, and to
participate effectively in the meeting."
Semester 2 2025 – DUE August 2025;100% TRUSTED
Complete, trusted solutions and explanations
Question 1 1.
Legal Advice to Stefan Regarding the Fifth AGM of JP
Textiles Ltd
1. Statutory Framework – Section 61 and Section 63 of the
Companies Act 71 of 2008
In terms of section 61(7) of the Companies Act 71 of 2008, a
public company such as JP Textiles Ltd is required to hold an
annual general meeting (AGM) of shareholders. Importantly,
the Act recognises the use of electronic communication as a
means to facilitate participation in such meetings.
Section 63(2) specifically provides that:
"A company may provide for a shareholders meeting to be
conducted entirely by electronic communication; or for one or
more shareholders, or proxies for shareholders, to participate by
electronic communication in all or part of the meeting, so long
as the electronic communication employed ordinarily enables all
persons participating in that meeting to communicate
concurrently with each other without an intermediary, and to
participate effectively in the meeting."
