Acts and Regulations

C-13 - Companies Act

Full text
Notice of meeting
103In the absence of other provisions in that behalf in the letters patent or by-laws of the company,
(a) notice of the time and place for holding a general meeting of the company shall be given at least fourteen days previous to the time specified in the notice for the meeting by ordinary mail or in some newspaper published in the place where the head office of the company is situate, or if there is no such newspaper then in the place nearest thereto in which a newspaper is published;
(b) at all general meetings of the company, each shareholder is entitled to give one vote for each share then held by him, and such votes may be given in person or by proxy, if such proxy is himself a shareholder; but no shareholder is entitled either in person or by proxy to vote at any meeting as holder of a share in respect of which any call or calls are payable and are unpaid;
(c) all questions proposed for the consideration of the shareholders at general meetings shall be determined by the majority of votes, and the chairman presiding at such meetings has the casting vote in case of an equality of votes;
(d) subject to the by-laws, if shares are held jointly by two or more persons any one of them present at a meeting may, in the absence of the others, vote thereon, and if more than one of them are present, or represented by proxy, they shall vote together on the shares jointly held.
R.S., c.33, s.102; 1983, c.19, s.6
Notice of meeting
103In the absence of other provisions in that behalf in the letters patent or by-laws of the company,
(a) notice of the time and place for holding a general meeting of the company shall be given at least fourteen days previous to the time specified in the notice for the meeting by ordinary mail or in some newspaper published in the place where the head office of the company is situate, or if there is no such newspaper then in the place nearest thereto in which a newspaper is published;
(b) at all general meetings of the company, each shareholder is entitled to give one vote for each share then held by him, and such votes may be given in person or by proxy, if such proxy is himself a shareholder; but no shareholder is entitled either in person or by proxy to vote at any meeting as holder of a share in respect of which any call or calls are payable and are unpaid;
(c) all questions proposed for the consideration of the shareholders at general meetings shall be determined by the majority of votes, and the chairman presiding at such meetings has the casting vote in case of an equality of votes;
(d) subject to the by-laws, if shares are held jointly by two or more persons any one of them present at a meeting may, in the absence of the others, vote thereon, and if more than one of them are present, or represented by proxy, they shall vote together on the shares jointly held.
R.S., c.33, s.102; 1983, c.19, s.6