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WorksheetsOBM340 - CHAPTER 6
Total questions: 23
Worksheet time: 12mins
1) defined as the minimum number of persons who are entitled to attend the meeting (or their proxies) for it to be valid.
2) will be fixed in the company's AoA
3) if there is no quorum, there is no meeting. Any business transacted and resolution passed is invalid
quorum
adjournment
chairman
postponement
1) quorum is not present when the meeting is due to start, the meeting should be formally adjourned because, legally there is no meeting
2) an extension of half-an hour is normally acceptable before the chairman adjourn the meeting
failure to gather a quorum
failure to maintain a quorum
incompetent quorum
1) it is open to anyone present at a meeting to draw chairman's attention to that fact (leaving the meeting in the middle of it due to emergency)
2) it is then his duty to declare "count out" and to adjourn the meting
failure to gather a quorum
failure to maintain a quorum
incompetent quorum
1) only person competent to take part in the meeting
2) must be a "disinterested one" - not having conflicting interest in the meeting
3) unless the rules permit, a person may denied the right to vote at and unable to form part of a quorum of the meeting transacting business in which that person has conflicting interest
incompetent quorum
failure to gather a quorum
failure to maintain a quorum
the person that duly endowed with authority to control and superintend the conduct of meeting
chairman
board of directors
proxies
members
1) depends upon the kind of meeting over which he is to preside
2) derives his authority
3) if there is no such chairman or he is not present within 15 minutes after the time appointed for holding of the meeting, or if her is unwilling to act, the members present shall elect one of the members to be chairman of the meeting
appointment
duration
duties of chairman
before the meeting commences he ought to satisfy himself that the meeting has been properly convened
notice
constitution
conduct
preservation of order
he must ensure that the meeting is properly constituted
notice
constitution
conduct
preservation of order
during the whole course of meeting, he must ensure that the proceedings are conducted strictly in accordance with the rules which govern the meeting
notice
constitution
conduct
preservation of order
He may have power to order the withdrawal of offenders, but this is power which depends upon the nature of the meeting and where it is be held
notice
constitution
conduct
preservation of order
he must ensure that business is dealt with in the order set out in the agenda paper - unless the meeting consents to a variation of the order ( list of idea in agenda)
preservation of order
order of business
discussion
sense of the meeting
to allow reasonable time for discussion :
1) restrain irrelevant discussion
2) allow no discussion unless there is a motion before the meeting
3) give equal opportunity to those who wish to speak
preservation of order
discussion
order of business
sense of meeting
is properly ascertained with regard to any question which is properly forwarded before the meeting
preservation of order
order of business
discussion
sense of meeting
to this end he must use his discretion in dealing with emergencies as they arise
to maintain order
to decide points of order
to use a casting vote
to order the removal of disorderly persons
as they arise, and to give and maintain his rulings on any points of procedure
to maintain order
to decide points of order
to use a casting voice
to order the removal of disorderly persons
where there is an equality of votes, and if the rules confer this power
to maintain order
to decide points of order
to use a casting vote
to order the removal of disorderly persons
1) "broken off" of the proceeding of a meeting for the time being and it is to be continued at the time as fixed by the motion adjourning the meeting, or if the motion does not fix the time, be called to continue by a fresh notice
2) only deal with the remainder of the business for which the original meeting was convened
3) on the date on which it was in fact passed
adjournment
postponement
proxy
1) refers to putting-off of the meeting to a later date before the meeting was held
2) a meeting once properly convened, cannot be cancelled or postponed, unless the article permit. The meeting must be proceeded with
3) The directors cannot bring forward the time originally fixed for the meeting
adjournment
postponement
proxies
is a document in writing by which one person authorizes another to attend a meeting and to vote in his behalf
adjournment
proxies
postponement
is a proxy form which enables a member, through his proxy, to vote "for" or "against" a motion
two-way proxy
open proxy
a special proxy
a general proxy
is a form of proxy that does not need the appointer to indicate the voting instruction as opposed to the 2 way proxy
two-way proxy
open proxy
a special proxy
a general proxy
is one, which is valid for one meeting only and at any adjournment therof. It is free of stamp duty
Two-way proxy
Open proxy
A special proxy
A general proxy
is a proxy which is invalid for more than one meeting. The proxy form requires a 50p stamp
two-ways proxy
open proxy
a special proxy
a general proxy
