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LML4806 PORTFOLIO MEMO - SEMESTER 2 - 2024 - OCTOBER/NOVEMBER - UNISA - DUE DATE :- 24 OCTOBER 2024 (FULLY REFERENCED! DISTINCTION GUARANTEED!) CA$23.66   Add to cart
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LML4806 PORTFOLIO MEMO - SEMESTER 2 - 2024 - OCTOBER/NOVEMBER - UNISA - DUE DATE :- 24 OCTOBER 2024 (FULLY REFERENCED! DISTINCTION GUARANTEED!)

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  • Company law
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  • Companies and Other Business Structures in South Africa

LML4806 PORTFOLIO MEMO - SEMESTER 2 - 2024 - OCTOBER/NOVEMBER - UNISA - DUE DATE :- 24 OCTOBER 2024 (FULLY REFERENCED! DISTINCTION GUARANTEED!) QUESTION 1 [20] 1.1 You are approached by Stefan, the chairperson of the board of directors of JP Textiles Ltd for legal advice. He informs you that...

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  • October 24, 2024
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  • 2024/2025
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  • lml4806 portfolio memo semester 2 2024 octob

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LML4806 PORTFOLIO
MEMO
OCTOBER/
NOVEMBER 2024
SEMESTER 2 – 2024 -
UNISA
24 OCTOBER 2024

, QUESTION 1 [20]

1.1 You are approached by Stefan, the chairperson of the board of
directors of JP Textiles Ltd for legal advice. He informs you that JP
Textiles Ltd will be holding its fifth annual general meeting (AGM)
next month at its registered office in Johannesburg. He further
informs you that the board of directors is concerned that a
significant number of the company’s shareholders and shareholder
proxies who are based outside Johannesburg and overseas will not
be able to travel to Johannesburg to attend the AGM in-person
(physically) at the company’s registered office. Advise Stefan on
what the company could do to ensure that it provides a reasonable
opportunity for all the shareholders and shareholder proxies to
attend and participate at its fifth AGM. (5)



To ensure that shareholders and proxies based outside Johannesburg can
participate in the upcoming AGM of JP Textiles Ltd, Stefan can consider
implementing the following measures:



1. Virtual Attendance Options: The company could provide a platform for
virtual attendance via video conferencing tools. This would allow
shareholders to join the meeting remotely, ensuring that they can
participate in discussions and vote without being physically present.



2. Proxy Voting: JP Textiles Ltd should encourage shareholders who
cannot attend to appoint proxies. The company could facilitate the proxy

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