Acts and Regulations

B-9.1 - Business Corporations Act

Section 85
Disposition versions

Full text
Calling meetings and participation by telephone
85(1)The directors of a corporation shall call an annual meeting of shareholders
(a) not later than 18 months after the date of its incorporation or, in the case of an amalgamated corporation, the date of its certificate of amalgamation, and
(b) subsequently, not later than 15 months after holding the last preceding annual meeting, but no later than six months after the end of the corporation’s preceding financial year.
85(2)The directors of a corporation may at any time call a special meeting of shareholders.
85(3)Despite subsection (1), the corporation may apply without notice to any person to the Court for an order extending the time in which the first or a subsequent annual meeting of shareholders shall be held.
85(4)Despite subsection (1), when there is a resolution passed unanimously by all holders of voting shares, the corporation may extend the time by up to three months in which the first or a subsequent annual meeting of shareholders shall be held.
85(5)Unless the articles or by-laws otherwise provide, a shareholder or any other person entitled to attend a meeting of shareholders may participate in the meeting by means of telephone or electronic or other communication facilities.
85(6)If the directors of a corporation call a meeting of shareholders under this Act, the directors may determine that the meeting shall be held entirely by means of telephone or electronic or other communication facilities, unless the articles or the by-laws otherwise provide.
85(7)A communication facility referred to in this section shall permit all participants to communicate adequately with each other during the meeting, and the shareholder or other person who, through those means, votes at the meeting or establishes a communications link to the meeting shall be deemed for the purposes of this Act to be present at the meeting and the corporation shall determine the manner of voting at that meeting.
2023, c.2, s.61
Calling meetings and participation by telephone
85(1)The directors of a corporation
(a) shall call an annual meeting of shareholders to be held not later than eighteen months after
(i) the date of its incorporation, or
(ii) the date of its certificate of amalgamation, in the case of an amalgamated corporation,
and subsequently not later than fifteen months after holding the last preceding annual meeting; and
(b) may at any time call a special meeting of shareholders.
85(2)Notwithstanding subsection (1), the corporation may apply to the Court for an order extending the time in which the first or a subsequent annual meeting of the corporation shall be held.
85(3)A shareholder or any other person entitled to attend a meeting of shareholders may participate in the meeting by means of telephone or other communication facilities that permit all persons participating in the meeting to hear each other if
(a) the by-laws so provide, or
(b) subject to the by-laws, all the shareholders entitled to vote at the meeting consent,
and a person participating in such a meeting by those means shall be deemed for the purposes of this Act to be present at the meeting.
Calling meetings and participation by telephone
85(1)The directors of a corporation
(a) shall call an annual meeting of shareholders to be held not later than eighteen months after
(i) the date of its incorporation, or
(ii) the date of its certificate of amalgamation, in the case of an amalgamated corporation,
and subsequently not later than fifteen months after holding the last preceding annual meeting; and
(b) may at any time call a special meeting of shareholders.
85(2)Notwithstanding subsection (1), the corporation may apply to the Court for an order extending the time in which the first or a subsequent annual meeting of the corporation shall be held.
85(3)A shareholder or any other person entitled to attend a meeting of shareholders may participate in the meeting by means of telephone or other communication facilities that permit all persons participating in the meeting to hear each other if
(a) the by-laws so provide, or
(b) subject to the by-laws, all the shareholders entitled to vote at the meeting consent,
and a person participating in such a meeting by those means shall be deemed for the purposes of this Act to be present at the meeting.