香香香香香香香香 convening shareholders

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香香香香香香香香 Convening Shareholders’ Meeting 从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从 (5% 从从从 ) 从从从从从从从从 113 从从从从从从从从从从从从从从 114B 从从 Shareholders’ meetings are convened by directors. If directors are not functioning, shareholders holding 5% or more of the 12
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shares can convene the meeting themselves (s.113) or request the court to convent the meeting (s.114B) b. 香香香香香香 Minority Shareholders’ Rights i. Foss v Harbottle (1843) 67 ER 189 从从 160 从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从The majority vote carries the resolution. Court will not interfere a properly made decision at a shareholders meeting. ii. 香香香香 香香 香香 unfair prejudicial conduct (s.168A) undefined 从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从 公公 从从从从从从从从从 从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从 从从从从从从从从从 O’Neill v Phillips (House of Lords) [1999] 2 BCLC 1 从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从 In simple terms, is the minority shareholder being “bullied” by the majority shareholder? This section allows a minority shareholder to apply to court to make order as it thinks fit. The term ‘unfair prejudicial’ is not defined. Courts do not define it in order to provide maximum flexibility in interpretation. 9. 香香香香香香香香香香香 Annual expenses for maintaining a limited company a. 从从从从从从从从从从从从从从从从从从从从从从从从从从从从从 , 从从从从从从从从从从从从从 公 2003 公 8 公公,公公公公公公公公公公公 The Annual Return contains information on the registered address, shareholders, directors, company secretaries and loan amounts. It must be filed every year at the Companies Registry. Late filing of AR leads to prosecution from August 2003. b.从从从从从 Business Registration Certificate 从从从从从从从从从从从从从从从从从从 , 从从从从从 2,600 All sole proprietors, partnerships and limited companies must apply for one. The yearly fee is about $2,600. c. 从从从从从从从 Audit fee 从从从从从从从从从从 , 从从从从从从从从从从从从从从从从从从从从从从 Minimum several thousand dollars per year. Accounts of limited companies must be audited by independent outside CPAs every year.
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