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Old 12-10-2009, 21:20   #53
Neil
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Re: Statement on Shareholding

Quote:
Originally Posted by JEFF View Post
Seems as though Shareholders can look at the minutes of any Board meetings. Might be interesting if a Shareholder asks to look at the minutes and so find out when Directors' loans were made

As for the Annual General Meeting

Quote:
Rules surrounding the annual general meeting (AGM)
Private companies are not required to hold an AGM. Public limited companies (PLCs) must hold an AGM once in each six-month period.

Companies can still hold an AGM if they choose to. As with other meetings, an AGM must be arranged if any director asks for one with due notice, or if 10 per cent of the members request one - 5 per cent if it has been more than 12 months since the last meeting.
Why would you hold an AGM every six month's? By its name you have them annually.

Are the rules you posted ASFC's or some you found on the net?
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