500

SECRETARIAL PRACTICE
(8) The meeting may adjourn from time to time, and at any
adjourned meeting any resolution of which notice has been given-in
accordance with the articles, either before or subsequently to the
former meeting, may be passed, and the adjourned meeting shall
have the same powers as an original meeting.

(9) In the event of any default in complying with the provisions
of this section every director of the company who is guilty of or who
knowingly and wilfully authorises or permits the default shall be
lable to a fine not exceeding fifty pounds.

(10) This section shall not apply to a private company.

114.—(1) The directors of a company, notwithstanding anything
in its articles, shall, on the requisition of members of the company
aolding at the date of the deposit of the requisition not less than one-
tenth of such of the paid-up capital of the company as at the date of
the deposit carries the right of voting at general meetings of the
company, 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 said date a
right to vote at general meetings of the company, forthwith proceed
duly to convene an extraordinary general meeting of the company.

(2) The requisition must state the objects of the meeting, and
must be signed by the requisitionists and deposited at the registered
office of the company, and may consist of several documents in like
form, each signed by one or more requisitionists.

(3) If the directors do not within twenty-one day from the date
of the deposit of the requisition proceed duly to convene a meeting,
the requisitionists, or any 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 three months from the said date.

(4) A meeting convened under this section by the requisitionists
shall be convened in the same manner, as nearly as possible, as that
in which meetings are to be convened by directors.

(5) Any reasonable expenses incurred by the requisitionists by
reason of the failure of the directors duly to convene a meeting
shall be repaid to the requisitionists 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 remunera-
tion in respect of their services to such of the directors as were in
default.

(6) For the purposes 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 thereof as is required by section one hundred
and seventeen of this Act.

Provisions as to ~~ 115.—(1) The following provisions shall have effect in so far as
meetings and the articles of the company do not make other provision in that
votes. behalf —