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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. (5)
The exception to the general rule of voting on shareholders' resolutions at properly
constituted meetings is provided under Section 60 of the Companies Act 71 of 2008. This
section allows for written resolutions to be passed by shareholders without the need for a
physical meeting.
QUESTIONS/ ANSWERS CONTINUE….
DISTINCTION Footnotes and/or Bibliography
GUARANTEED!!! included. *
Disclaimer
Extreme care has been used by our Tutors to draft this document, however the contents are provided “as is” without any representations or warranties, express or implied.
This document is to be used for comparison, research, and reference purposes ONLY. No part of this document may be reproduced, resold, or transmitted in any form or by
any means without prior written permission from the Author. By making use of this document, you agree to fully accept the consequences should you plagiarise or misuse
this document. – STUDY BUDDY TUTOR SA
PAST PAPERS & MEMOS, ASSIGNMENT MEMOS, NOTES, SUMMARIES & TUITONS.
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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. (5)
The exception to the general rule of voting on shareholders' resolutions at properly
constituted meetings is provided under Section 60 of the Companies Act 71 of 2008. This
section allows for written resolutions to be passed by shareholders without the need for a
physical meeting.
QUESTIONS/ ANSWERS CONTINUE….
DISTINCTION Footnotes and/or Bibliography
GUARANTEED!!! included. *
Disclaimer
Extreme care has been used by our Tutors to draft this document, however the contents are provided “as is” without any representations or warranties, express or implied.
This document is to be used for comparison, research, and reference purposes ONLY. No part of this document may be reproduced, resold, or transmitted in any form or by
any means without prior written permission from the Author. By making use of this document, you agree to fully accept the consequences should you plagiarise or misuse
this document. – STUDY BUDDY TUTOR SA
PAST PAPERS & MEMOS, ASSIGNMENT MEMOS, NOTES, SUMMARIES & TUITONS.
Cell: 074 074 3729 Email:
