Some members of a public company wish to requisition a general meeting.What proportion of the paid-up voting capital must they hold?
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1 .Which of the following statements about a change of name of a company is NOT true?
A Change of name of a company requires special resolution B A resolution to change the name must be kept for at least 10 years C A name change can be passed by an ordinary resolution
2 .At a recent shareholders’ meeting Pallas Ltd passed a special resolution to alter its classrights. Alf, Bert, Chris and Don own respectively 5%, 3%, 6% and 10% of the nominal valueof the company’s shares. Chris voted in favour of the resolution at the meeting but hassubsequently changed his mind and, along with the others, wishes to object to the alteration.Which of the following combinations of shareholders can apply to the court to have thealteration set aside?
A Alf, Bert and Chris B Chris and Don C Bert, Chris and Don D Alf and Don
3 .In relation to a written resolution, which one of the following statements is correct?
A A written resolution must be passed by all the members B A written resolution applies only to private companies C Members need at least 25% of total voting rights to propose a written resolution D Any resolution may be a written resolution
4 .Bee Ltd has an issued share capital of 1,000 ordinary shares of ￡1 each. Some of theshareholders would like to pass a resolution to remove a director.What is the minimum number of votes which must be cast in order to pass theresolution?
A 500 B 501 C 750 D 751
5 .By what resolution may a director of a private company be removed by theshareholders?
A Ordinary resolution B Special resolution C Written resolution
7 .Zed plc holds its board meetings on the fifteenth day of each month. At the meeting on 15June, the board discussed a potential contract with RST Ltd. On 1 July, Lucy, a director ofZed plc, bought shares in RST Ltd. On 25 July, Zed plc contracted with RST Ltd.When should Lucy have declared her interest to the board of Zed plc?
A 15 June B 1 July C 15 July D 15 August
8 .In relation to the Annual General Meeting of a public company which of the followingstatements is correct?
A The first AGM must be held within 15 months of its incorporation B The gap between AGMs must not exceed 13 months C At least 21 days’ notice must always be given to the members D The agenda is set by the directors
9 .Which of the following is required if the members of a company wish to remove adirector?
A Ordinary resolution with ordinary notice B Ordinary resolution with special notice C Special resolution with ordinary notice
10 .For a public company, what is the minimum percentage of voting rights that must beheld by a member for that member to request a resolution on the agenda for the nextAnnual General Meeting?
A 3% B 5% C No minimum percentage required
