Tribunal power to convene meetings enables ordering and validating company meetings when regular convening is impracticable. Where a company meeting (other than an annual general meeting) cannot be called, held or conducted as prescribed, the Tribunal may, suo motu or on ... Summary
Tribunal power to convene meetings enables ordering and validating company meetings when regular convening is impracticable.
Where a company meeting (other than an annual general meeting) cannot be called, held or conducted as prescribed, the Tribunal may, suo motu or on application by a director or voting member, order a meeting to be called, held and conducted in such manner as it thinks fit and give ancillary directions modifying or supplementing the Act or the company's articles; such directions may deem one member present in person or by proxy to constitute a meeting, and any meeting so convened is deemed duly called, held and conducted.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 1
Join Channel
TaxTMI 
