This Guidance Note explains the usual model rules governing AGMs and GMs but you should refer to the specific Articles of the company concerned.
Except where specifically mentioned all references to Resident Management Companies (RMCs) include reference to Right to Manage Companies (RTM Companies).
It is a statutory requirement that every company has Memorandum and Articles of Association. Right to Manage companies have their own prescribed Articles of Association which are based on those for companies limited by guarantee and which are without share capital.
Covering Topics
Overview
Rules governing companies
Meetings of a company
What Is an AGM?
Do you have to hold AGMs?
When should an AGM be held?
Calling a meeting - overview
Members' rights
Notice of meetings
How should notice be given?
Length of Notice - when should the Notice be served?
Special notice
Quorum
Voting
Voting at general meetings
Resolutions
Approval of the company's accounts
Proxies
Dealing with obstructive and disorderly people
Post meeting formalities
Filings
Records
References
Appendix A - SAMPLE NOTICE OF ANNUAL GENERAL MEETING
Appendix B - Sample Minutes of a general meeting
Resource
This article is for Company members only
Become a member today to access exclusive insight from The Property Institute.
