LML4806
Assignment 1
Semester 2 2023
(Multiple answers provided)
, Question: 1
Shareholders’ resolutions must usually be voted on at properly constituted
meetings of the company’s shareholders. However, the Companies Act 71 of
2008 provides for an exception to this general rule. Explain what this exception
under the Companies Act 71 of 2008 entails.
The special case referred to in the question is known as a "written
resolution" or "round robin resolution." According to Section 60(1) of the
Companies Act 71 of 2008, shareholders have the option to pass a
resolution without conducting a physical meeting, provided certain
conditions are met.
Assignment 1
Semester 2 2023
(Multiple answers provided)
, Question: 1
Shareholders’ resolutions must usually be voted on at properly constituted
meetings of the company’s shareholders. However, the Companies Act 71 of
2008 provides for an exception to this general rule. Explain what this exception
under the Companies Act 71 of 2008 entails.
The special case referred to in the question is known as a "written
resolution" or "round robin resolution." According to Section 60(1) of the
Companies Act 71 of 2008, shareholders have the option to pass a
resolution without conducting a physical meeting, provided certain
conditions are met.
