LML4806
Assignment 1
Semester 2 Memo |
Due August 2025
NO PLAGIARISM
[Pick the date]
[Type the company name]
, Exam (elaborations)
LML4806 Assignment 1 Semester 2 Memo | Due
August 2025
• Course
• Company Law (LML4806)
• Institution
• University Of South Africa (Unisa)
• Book
• The Law of Business Structures
LML4806 Assignment 1 Semester 2 Memo | Due August 2025. All questions fully
answered.
Question 1 1. You are approached by Stefan, the chairperson of the board of directors
of JP Textiles Ltd for legal advice. He informs you that JP Textiles Ltd will be holding its
fifth annual general meeting (AGM) next month at its registered office in Johannesburg.
He further informs you that the board of directors is concerned that a significant
number of the company’s shareholders and shareholder proxies who are based outside
Johannesburg and overseas will not be able to travel to Johannesburg to attend the
AGM in-person (physically) at the company’s registered office. Advise Stefan on what
the company could do to ensure that it provides a reasonable opportunity for all the
shareholders and shareholder proxies to attend and participate at its fifth AGM.
Stefan and the board of JP Textiles Ltd are right to be concerned about ensuring that all
shareholders and their proxies—including those outside Johannesburg or overseas—are
provided a reasonable opportunity to attend, participate, and vote at the upcoming fifth
AGM.
The Companies Act 71 of 2008 explicitly addresses this concern, and there are modern,
practical solutions available.
✅ Legal Framework: Section 61 of the Companies Act 71 of 2008
📌 Section 61(10):
“A public company must convene an annual general meeting of its shareholders not more than
15 months after the date of the previous AGM, or within such longer period as the Companies
Tribunal may allow on good cause shown.”
Assignment 1
Semester 2 Memo |
Due August 2025
NO PLAGIARISM
[Pick the date]
[Type the company name]
, Exam (elaborations)
LML4806 Assignment 1 Semester 2 Memo | Due
August 2025
• Course
• Company Law (LML4806)
• Institution
• University Of South Africa (Unisa)
• Book
• The Law of Business Structures
LML4806 Assignment 1 Semester 2 Memo | Due August 2025. All questions fully
answered.
Question 1 1. You are approached by Stefan, the chairperson of the board of directors
of JP Textiles Ltd for legal advice. He informs you that JP Textiles Ltd will be holding its
fifth annual general meeting (AGM) next month at its registered office in Johannesburg.
He further informs you that the board of directors is concerned that a significant
number of the company’s shareholders and shareholder proxies who are based outside
Johannesburg and overseas will not be able to travel to Johannesburg to attend the
AGM in-person (physically) at the company’s registered office. Advise Stefan on what
the company could do to ensure that it provides a reasonable opportunity for all the
shareholders and shareholder proxies to attend and participate at its fifth AGM.
Stefan and the board of JP Textiles Ltd are right to be concerned about ensuring that all
shareholders and their proxies—including those outside Johannesburg or overseas—are
provided a reasonable opportunity to attend, participate, and vote at the upcoming fifth
AGM.
The Companies Act 71 of 2008 explicitly addresses this concern, and there are modern,
practical solutions available.
✅ Legal Framework: Section 61 of the Companies Act 71 of 2008
📌 Section 61(10):
“A public company must convene an annual general meeting of its shareholders not more than
15 months after the date of the previous AGM, or within such longer period as the Companies
Tribunal may allow on good cause shown.”
