1
Q
Who calls a board meeting?
A
Any director - MA 9(1)
2
Q
What notice is required for a board meeting?
A
Reasonable notice - Browne v La Trindidad
3
Q
What quorum is required for a board meeting?
A
2 - MA 11(2)
4
Q
What 2 things must directors do to call a GM?
A
- Approval of form of notice of GM
- Date/time/location - s331
- Wording of special/ordinary resolution to be voted on - s283
- Attach relevant documentation
- Direct company secretary to give notice of GM
o Form of notice – s308
o Send to every member – s310(1)(a)
o Send to every director – s310(1)(b)
5
Q
What section states a director must declare any interest in the transaction?
A
s177(1)
6
Q
What is the acronym for the structure of a board meeting?
A
Will - Who calls BM? Never - Notice required Qualify - Quorum Via - Voting Adam - Agenda Cocky - Close Prick - Post meeting matters
7
Q
What voting requirements are necessary for board resolutions?
A
50+% - MA 7(1)
Template procedure plan
flashcards
Decks in class (3)
# Cards
