The minimum notice period is 14 days, although the Constitution may provide for a longer notice period. The notice period may also be reduced, with the agreement of all members entitled to participate and vote. IN ADDITION, AGM entered into agreements with Sutton Capital Trusts that issued equity securities linked to institutional investors. Sutton Capital`s trusts granted AGM Put options which, if exercised, would require each trust to liquidate a portion of its assets to purchase AGM preferred shares. Notice A secretary of the enterprise shall convene a meeting of the directors at the request of one of the directors. It is customary to transmit the notification at least 7 days before the meeting. However, the company`s articles of association set the requirement or remain silent on this matter. The notice must clearly indicate the date, time and place of the meeting. According to the Canada Not-for-Profit Corporations Act, Canadian not-for-profit organizations must hold an annual general meeting and report their date to the government in their annual report. [7] A general meeting (HV) is a way for your company to present its annual accounts (accounts) to shareholders (members).

Shareholders can then ask questions about the health of your business. A general assembly is therefore an important opportunity to address their concerns. Electronic communications As a result of recent amendments to singapore`s Companies Act, a company can now send meeting notifications electronically. This change in provision will help reduce costs and improve efficiency. The company`s articles of association set out the type of electronic transmission (e.g.B. E-mail, fax, sending a message on the company`s website, etc.) the communication that the entity can set as the default mode for sending communications. Quorum The quorum of a meeting is the minimum number of members required by a meeting to be valid in accordance with the law. Singapore General Meetings require the personal participation of at least two members, unless otherwise provided in the company`s articles of association. The company cannot transact at the meeting unless it meets the quorum requirement. Powers A representative of the right to vote is a person designated by a member to participate in the general meeting of the company and to vote on behalf of that member.

The notice of meeting, distributed to the members of the corporation, should clearly indicate the right of the members to appoint an agent and that it is not necessary for the agent to be a member of the corporation. The power of attorney form is an appendix to the company`s communication. Corporate meetings are important for the general management and management of their functions. For all businesses, it`s important to keep a close eye on how they conduct their meetings. Convocation of the Meeting The Companies Act allows either the directors or two members (who hold 10% or more of the share capital or represent at least 5% of the number of members) to convene the general meeting. . . .