TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 48: Changing rights of a share class needs 75% approval and protection for dissenting shareholders</h1> Where a company has different classes of shares, rights attached to any class may be varied with consent in writing of holders of at least three-fourths of issued shares of that class, or by special resolution at a separate class meeting, if authorized by the memorandum/articles or not prohibited by terms of issue. If such variation affects another class, three-fourths consent of that other class is also required. Holders of at least ten per cent of the issued shares of the affected class who dissent may, within twenty-one days, apply to the Tribunal to cancel the variation; it is ineffective unless confirmed. The Tribunal's decision binds all shareholders, and the company must file the Tribunal's order with the Registrar within thirty days.
TaxTMI 
TaxTMI 
