Full text: Secretarial practice

NOTICES 
bas 
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compliance with these requirements, the entire body of 
shareholders pass the resolution and waive the irregularity 
of the notice, the Court will declare the resolution valid 
[Express Engineering Works (1920), 1 Ch. 466; Oxted Motor 
Company (1921), 3 K.B. 32]. It is not essential to the validity 
of a resolution so passed that all the shareholders should 
have given their assent at the same time or in the same 
place [Parker & Cooper Ltd. v. Reading (1926), Ch. 975]. The 
resolution in that case was an ordinary resolution. S. 118 (4) 
(c) of the Act of 1929, appears to assume that the same 
principle applies to special and extraordinary resolutions. 
This is, however, open to question, particularly as regards 
matters which the Act itself requires to be dealt with by 
special resolution, e.g. reduction of capital, and it would be 
inadvisable to rely on an agreement reached without a meeting 
being held. 
By s. 61 of the Law of Property Act, 1925, ‘In all deeds, 
contracts, wills, orders and other instruments, executed, made 
or coming into operation after the commencement of this 
Act, unless the context otherwise requires: 
(a) ‘Month’ means calendar month. 
("* ‘Person’ includes a corporation. 
The singular includes the plural and vice versa. 
& The masculine includes the feminine and vice versa. 
A notice would appear to be clearly within the meaning - 
the word ‘instrument ’
	        
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