Can a board of directors call for a shareholders meeting?

Under section 61 of the Companies Act 71 of 2008 (Companies Act), only the board of a company, or any other person specified in the company's Memorandum of Incorporation (MOI) or rules, has the power to call a shareholders' meeting.

Who can call a shareholders meeting?

Under section 61 of the Companies Act 71 of 2008 (Companies Act), only the board of a company, or any other person specified in the company's Memorandum of Incorporation (MOI) or rules, has the power to call a shareholders' meeting.

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Call of Special Stockholders' Meeting By Board of Directors of...

Santa Clara California Call of Special Stockholders' Meeting By Board of Directors of Corporation

Name: Santa Clara California Call of Special Stockholders' Meeting By Board of Directors of Corporation
Brand: US Legal Forms
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Corporations - Meetings

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Multi-State

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Santa Clara

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US-1051BG

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Generally, if a stockholders' meeting is not called by a person or a group authorized to call such a meeting, the proceedings and decisions which occur at such a meeting will be of no effect. The board of directors is usually considered to be the appropriate body to call stockholders' meetings. Some state statutes allow the stockholders themselves to call a meeting without resort to the courts when corporate management has improperly failed or refused to call a meeting. Unless there is special authorization in the charter or bylaws, a corporate officer, such as the president of the corporation, is not considered a person authorized to call a stockholders' meeting on his or her own authority.

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What are members' rights to call a general meeting of members? Under the Corporations Act 2001 (Cth) (Corporations Act), members of either a proprietary or public company have the ability to call a general meeting of a company if members with at least 5% of the votes that may be cast at the general meeting request it.

Under section 61 of the Companies Act 71 of 2008 (Companies Act), only the board of a company, or any other person specified in the company's Memorandum of Incorporation (MOI) or rules, has the power to call a shareholders' meeting.

Accordingly, holders of equity shares as well as holders of preference shares are entitled to receive Notices of General Meetings and to attend the Meetings. Further, Section 101 of the Act does not qualify the term Member by a restrictive expression entitled to vote.

The corporation can allow others to call a special meeting, such as the BoD Chair, CEO, or yes, shareholders.

Special meetings of the Board of Directors for any purpose may be called at any time by the President or, if the President is absent or unable or refuses to act, by any Vice President or any two Directors.

Special meetings of the shareholders may be called for any purpose or purposes, at any time, by the Chief Executive Officer; by the Chief Financial Officer; by the Board or any two or more members thereof; or by one or more shareholders holding not less than 10% of the voting power of all shares of the corporation

Special stockholder meetings can be called by the board of directors or any person that is authorized in the certificate of incorporation or in the bylaws of the company.

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Santa Clara California Call of Special Stockholders' Meeting By Board of Directors of Corporation

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Can members call a meeting?

Can a board of directors call for a shareholders meeting?

Who has the right to receive the notice of meeting of shareholders?

Can shareholders call a special meeting of the shareholders?

Who can call special meetings?

Who can call a special shareholders meeting?

Who can call a shareholders meeting?

How do you call a stockholders meeting?

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What topics or matters will be discussed at the meeting?

As a stockholder, can I propose additional topics for discussion?

What is the significance of this meeting for stockholders?

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