BTB2220 Final: DiscProblem Meetings
Document Summary
5 may: d1 transfers 1,000 shares to her daughter, d2 conflicting evidence. D1 and d2 vote to remove p1 as director and to appoint d2 as director. => p1 and p2 apply for an injunction pursuant to s 1324. Company may appoint a director (replaceable rule see section 135) A company may appoint a person as a director by resolution passed in general meeting. Removal by members proprietary companies (replaceable rule see section 135) A proprietary company: (a) may by resolution remove a director from office; and (b) may by resolution appoint another person as a director instead. Quorum (replaceable rule see section 135) (1) the quorum for a meeting of a company"s members is 2 members and the quorum must be present at all times during the meeting. Additional general discretion for directors of proprietary companies to refuse to register transfers (replaceable rule see section 135)
