H & W is a company limited by shares. members holding about fifteen percent of the paid up capital of the company felt that an extra ordinary meeting of the company was necessary as there were some crucial matters that the company should decide on. these members therefore approached the directors of the company and asked them to call an extraordinary General meeting. the directors are not willing to do so stating that the issues can be dealt with at the AGM, which was schedule for 9 months time and that they do not represent a majority of the members so in any case there is not enough of them to make the directors consider calling a meeting. the members are insistent that the EGM should go on now but are clueless as to how it will happen, given the stance of the directors. the members come to you for advice.

a. Advice them in details using statue and any other material, as to whether or not the meeting could still be called despite the stance of the directors and the proper procedure that should be adopted accordingly.

Answer rating: 100% (QA)

Advice to the Members of H W Company Limited by Shares Yes the members can still call an extraordinary general meeting EGM despite the directors stanc... View the full answer