Law library · Sierra Leone · The Companies Act, 2009
Section 187, The Companies Act, 2009
In forceThe Companies Act, 2009, Sierra Leone
(1) The Board of directors may convene an extraordinarygeneral meeting whenever they think fit, and if at any time there are
not within Sierra Leone sufficient directors capable of acting to form
a quorum, any director may convene an extraordinary general meeting.
(2) An extraordinary general meeting of a company may
be requisitioned by any member or members of the company holding
at the date of the requisition not less than one-tenth of the paid up
capital of the company as at the date of the deposit of the requisition
carrying the right of voting, or in the case of a company not having a
share capital, members of the company representing not less than
one-tenth of the total voting rights of all the members having at the
date a right to vote at general meetings of the company; and the
directors shall on receipt of the requisition forthwith proceed to
convene an extraordinary general meeting of the company,
notwithstanding anything in its articles.
(3) The requisition shall state the objects of the meeting,
and be signed by the requisitionists and be deposited at the
registered office of the company, and it may consist of several
documents in like form each signed by one or more of the
requisitionists.
(4) If the directors do not, within 21 days from the date of
the deposit of the requisition proceed duly to convene a meeting, the
requisitionists, or any one or more of them representing more than
one-half of the total voting rights of all of them, may themselves
convene a meeting; but any meeting so convened shall not be held
after the expiration of 3 months from that date.
(5) A meeting convened under this section by a
requisitionist or requisitionists shall be convened in the same manner,
as nearly as possible, as that in which meetings are to be convened
by directors.
Business
transacted at
annual
Extraordinary
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(6) Any reasonable expenses incurred by the
requisitionist or requisitionists by reason of the failure of the directors
duly to convene a meeting shall be repaid to the requisitionsts by the
company, and any sum so repaid shall be retained by the company
out of any sums due or to become due from the company by way of
fees or other remuneration in respect of their services to such of the
directors as were in default.
(7) For the purpose of this section, the directors shall, in
the case of a meeting at which a resolution is to be proposed as a
special resolution, be deemed not to have duly convened the meeting
if they do not give such notice as is required by section 189.
(8) All business transacted at an extraordinary general
meeting shall be deemed special.
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