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Section 1: Chairperson

Companies Act · FIFTH SCHEDULE

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

1. Chairperson (1) Where the directors have elected a Chairperson of the Board, and the Chairperson of the Board is present at a meeting of shareholders, he shall chair the meeting. (2) (a) Where no Chairperson of the Board has been elected or if, at any meeting of shareholders, the Chairperson of the Board is not present within 15 minutes of the time appointed for the commencement of the meeting, the directors present shall elect one of their number to be Chairperson of the meeting. (b) Where no director is willing to act as Chairperson, or where no director is present within 15 minutes of the time appointed for holding the meeting, the shareholders present may choose one of their number to be Chairperson of the meeting.

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