Shareholder meeting: consent to short notice template
Consent to the holding of a general meeting of a private limited company on short notice.
Background
What is the period of notice for a shareholder meeting?
The period of notice of a general meeting of a private limited company is 14 days. For this purpose, 14 days means 14 clear days, excluding the date on which the notice is given and the date of the meeting itself. The days include weekends and bank holidays.
The company’s Articles of Association may require a longer period than that.
Can a shareholder meeting be held on short notice?
A shareholder meeting may be held on shorter notice than 14 days unless the Articles of Association prescribe a minimum period of notice.
Consent to a shareholder meeting on short notice may be given by shareholders who, together, hold at least 90% in nominal value of the shares which give the right to attend and vote at the meeting. This percentage may be increased in the Articles of Association to not more than 95%.
Note that notice of the meeting must still be given.
About this general meeting notice
This consent to short notice is for the consent to the holding of a general meeting of a private limited company at short notice. The notice is to be signed either by the sole member or by members who together hold not less than 90% notice in nominal value of the voting shares.
Explanatory guidance: Consent to short notice template
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