Failure of directors to call general meeting
– section 249E of the Corporations Act 2001
If Directors have failed to call a general meeting, certain members are entitled to call a general meeting. It is an offence for Directors not to provide a copy of the register of members to the members holding the general meeting. It is also an offence for Directors not to pay the reasonable expenses of holding a general meeting.
- The board of Directors have failed to call a general meeting. Members entitled under s 249D to call a general meeting attempt to call a meeting but are not provided with a register of all of the members.
- Members entitled to call a general meeting hold a meeting but they are not reimbursed for the cost of printing the agendas for the meeting.
- You are a Director in a company and took reasonable steps to provide the members with the register.
- You are a Director in a company and took reasonable steps to reimburse the members who organised the meeting.
Questions in cases like this
- Why was there failure to call a General meeting?
- Did you know that a registrar of members was not provided?
- Did you know that members were not reimbursed for holding a general meeting?