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QUESTION 1
Shareholders’ resolutions must usually be voted on at properly constituted meetings of
the company’s shareholders. However, the Companies Act 71 of 2008 provides for an
exception to this general rule. Explain what this exception under the Companies Act 71 of
2008 entails. (5)
The exception to the general rule of voting on shareholders' resolutions at properly
constituted meetings is provided under Section 60 of the Companies Act 71 of 2008. This
section allows for written resolutions to be passed by shareholders without the need for a
physical meeting.
QUESTIONS/ ANSWERS CONTINUE….
DISTINCTION Footnotes and/or Bibliography
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