Hometime

Hometime · Alberta legislation

SS Houses with a Secondary Suite

SS · Companies Act

Part 6 — Management and Administration Division 1 Membership

151 Other meetings

Current to 2022-12-15 · Official PDF

(1) The following provisions have effect insofar as the articles
of the company do not make other provision in that behalf:
(a) a meeting of a company, other than a meeting for the
passing of a special resolution, may be called by 7 days'
notice in writing;
(b) a notice of a meeting of a company shall be served on ever y
member of the company in the manner in which notices are
required to be served by the articles of the company;
(c) 2 or more members holding not less than 10% of the issued
share capital or, if the company has not a share capital, not
less than 5% in number of the members of the company,
may call a meeting;
(d) in the case of a private co mpany, 2 members, and in the case
of any other company, 3 members, personally present,
constitute a quorum;
(e) any member elected by the members present at a meeting
may be chairman thereof;
(f) in the case of a company originally having a share capital ,
every member has one vote in respect of each share or each
$50 of stock held by the member, and in any other case,
every member has one vote;
(g) a special resolution within the meaning of section 1(y)(iii)
shall be deemed to be a special resolution passed at a
general meeting of the company.
(2) If for any reason it is impracticable to call a meeting of a
company in any manner in which meetings of that company may be
called, or to conduct the meeting of the company in the manner
prescribed by the articles or this Act, the Court, either on the
application of any director of the company or of any member of the
company who would be entitled to vote at the meeting, or of its
own motion, may order a meeting of the company to be called, held
and conducted in a manner the Court thinks fit, and when an order
is made, the Court may give any ancillary or consequential
directions that it thinks expedient, and any meeting called, held,
and conducted in accordance with the order shall for all purposes
be deemed to be a meeting of the company duly called, held and
conducted.
RSA 2000 cC-21 s151;2020 c25 s2(68)
RSA 2000