juris

Section 118:

Companies Act · PART IX: SHAREHOLDERS AND THEIR RIGHTS AND OBLIGATIONS

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.

118. Court may call meeting of shareholders (1) Where the Court is satisfied that— (a) it is impracticable to call or conduct a meeting of shareholders in the manner prescribed by this Act or the constitution of the company; or [Issue 5] C35 – 78 Revised Laws of Mauritius (b) it is in the interests of a company that a meeting of shareholders be held, the Court may order a meeting of shareholders to be held or conducted in such manner as the Court directs. (2) For the purposes of subsection (1), an application to the Court may be made by a director, a shareholder or a creditor of the company. (3) The Court may make an order on such terms as it thinks fit with regard to the costs of conducting the meeting and security for the costs. (4) Subject to subsection (3), the Court may in addition give such directions as it thinks fit, including the direction that the heir of any deceased member may exercise all or any of the powers that the deceased member could have exercised if he were present at the meeting.

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