Shorter notice for egm (companies act, 2013)

Hi Fennekk,

the general rule is that a company can put a stricter provision as compared to the provision given in the Act....it can never make a provision lenient in comparison to the Act....so you can put that in place of 95%, 100% approval is required....but you can never put that 90% approval can be done.

Hope it is clear...you can also refer to the specimen AOA as given in the ACt...

Regards

Thanks a lot for your reply. I totally agree with you as to the possibility to enforce stricter - but not lighter - obligations in comparison with the Act.

However, what I am specifically looking for is the possibility for the members to agree collectively and in advance for shorter notice, through the Articles (I've been through the model AoA which are silent on this point), so that we don't have to collect the consent of 95% of the members every time we hold an EGM.

This could be formalized in the AoA or even in a Shareholders' Agreement, for instance, as followed: "In accordance with the provisions of Section 101 of the Act, any extraordinary general meeting of the Company shall be convened by giving at least 21 clear days' notice, or on such shorter notice, as may be decided by the Board of Directors'.

In this regard, 100% of the members of the Company would express their consent, for their time being in the Company, on convening on shorter notice, which would comply with the provisions of the Act. 

What do you think? thanks a lot for your insight.

WHAT IS THE FORM FOR HOLDING EGM AT SHORTER NOTICE 

can anyone provide me EGM notice for allotment of shares?