LML4806 COMPANY LAW PORTFOLIO OCTOBER 2021

COMPANY LAW (LML 4806) ASSIGNMENT 1 2021 The importance of a quorum is to establish the minimum number of persons whose presence at a meeting is required before any valid business is transacted. A shareholders’ meeting may not commence until sufficient persons are present to exercise, in aggregate, at least 25% of the voting rights in respect of at least one matter to be decided in a meeting.1 Furthermore, a matter to be decided on may not begin to be considered unless sufficient persons...

COMPANY LAW (LML 4806) ASSIGNMENT 1 2021 The importance of a quorum is to establish the minimum number of persons whose presence at a meeting is required before any valid business is transacted. A shareholders’ meeting may not commence until sufficient persons are present to exercise, in aggregate, at least 25% of the voting rights in respect of at least one matter to be decided in a meeting.1 Furthermore, a matter to be decided on may not begin to be considered unless sufficient persons...