At what time will an annual general meeting of a company limited by shares be dispensed with in any year? (2 marks)
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Where the auditors of the company and the members of the company entitled to attend and vote at an annual general meeting agree in writing that an annual general meeting shall be dispensed with in any year (section 149 of ACT 179).
State FOUR persons who qualify to receive notices of general meetings in a company limited by shares. (8 marks)
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- every member,
- every person on whom the ownership of the a share devolves by reason of that person being a legal personal receiver or a trustee in bankruptcy of a member,
- every director of the company
- every auditor for the time being of the company