Company law revision question and answer

Advise the Board of Directors of Excellent Home Care Agencies Ltd. on the following matters:

i) The length of notice to be given before an annual general meeting can be held.

ii) The ordinary business transacted at such meetings.
ANSWER
i) Under Section 133 (1) of the Companies Act, notices of all general meetings of the company must be written and sent to all members of the company including the auditor. Under Section 158(1) of the Companies Act, a 21 day notice is necessary before an annual general meeting can be held. However, a shorter notice suffices if all members of the company have previously agreed.

(ii) The ordinary business of an annual general meeting include;
• adoption or confirmation of accounts
• declaration of dividend
• election of directors
• appointment of auditors

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