C-38 - Companies Act

Section 192 Disposition versions

1999-04-01

192. (1)  Upon the receipt by the secretary of the company of a requisition in writing, signed by the holders of not less than one-tenth of the subscribed shares of the company, setting out the objects of the proposed meeting, the directors, or, if there is not a quorum in office, the remaining directors or director, shall forthwith convene a special general meeting of the company for the transaction of the business mentioned in the requisition.

(2)  If the meeting is not called and held within twenty-one days from the date upon which the requisition was left at the head office of the company, any shareholders holding not less than one-tenth in value of the subscribed shares of the company, whether they signed the requisition or not, may themselves convene such special general meeting.

(3)  The directors may at any time, of their own motion, call a special general meeting of the company for the transaction of any business.

(4)  Notice of any special general meeting shall state the business which is to be transacted thereat.

R. S. 1964, c. 271, s. 188.