BLAW20001 Lecture Notes - Lecture 10: Decision-Making, Mercedes-Benz W123, Listing Rules

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Types of member"s meetings: all public companies must hold an annual general meeting (agm) s 250n. To consider the annual nancial report, director"s report and auditor"s reports. If members have the right to elect directors, this will usually be done at the agm. The chair of the agm must allow a reasonable opportunity for members to to ask questions or make comments about the management of the company s 250s. Members must also be allowed to question auditor s 250t. Auditor must attend agm and respond to written questions from members ss 250pa & ra. Members of listed companies must be allowed to make comments or ask questions about the remuneration report s 250sa. Convening meetings: meetings must be held at a reasonable time and place s 249r. Smith v sadler: meetings must be held at a reasonable time/place, meetings only to be called for a proper purpose - motive is irrelevant s 249q.

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