Shareholder Dispute Briefs | Members’ Requisition for a Meeting: Do Directors Have Any Discretio

Members’ Requisition for a Meeting: Do Directors Have Any Discretion?

Can directors refuse to convene a members’ meeting requisitioned by shareholders?

Under s.311 of the Companies Act 2016, members satisfying the threshold are entitled to require directors to convene a meeting. However, does this obligation extend to resolutions that may be unlawful, ineffective or otherwise fall within the statutory exceptions in s.311(5)?

In this recap of our article originally published in July and authored by Nicholas Yap, we revisit the statutory framework, guidance from other Commonwealth jurisdictions and key considerations for shareholders and directors.

Swipe through below for a snapshot of the issues and practical takeaways.

If you missed the full article, please read it here: Shareholder Dispute Briefs | Directors’ Refusal to Convene a General Meeting Pursuant to a Members’ Requisition.

Members' Right to Requisition - Statutory Framework of s.311 CA 2016
The exceptions to requisitioned meeting.
What Does the Case Law Suggest?
Key Takeaways

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Disclaimer: The content of this post is intended for general informational purposes only and does not constitute formal legal advice.