FOR EXCELLENCE AND QUALITY SERVICE!!
LML4806
ASSIGNMENT 1
SEMESTER 2 2023
DUE ON: 25 AUGUST 2023
Question 1
Under the Companies Act 71 of 2008, shareholders typically vote on resolutions during properly
constituted meetings of the company. However, an exception to this general rule is provided for in
the Act, 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 the need for a physical meeting. Instead, they can do so through a written
resolution where all shareholders entitled to vote on the resolution sign the document or otherwise
indicate their agreement to it. This process allows shareholders to express their consent to the
resolution without being physically present in a meeting.
Key points regarding the "written resolution" or "round robin resolution" under the Companies Act
71 of 2008 include:
LML4806
ASSIGNMENT 1
SEMESTER 2 2023
DUE ON: 25 AUGUST 2023
Question 1
Under the Companies Act 71 of 2008, shareholders typically vote on resolutions during properly
constituted meetings of the company. However, an exception to this general rule is provided for in
the Act, 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 the need for a physical meeting. Instead, they can do so through a written
resolution where all shareholders entitled to vote on the resolution sign the document or otherwise
indicate their agreement to it. This process allows shareholders to express their consent to the
resolution without being physically present in a meeting.
Key points regarding the "written resolution" or "round robin resolution" under the Companies Act
71 of 2008 include:
