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clear days means, in relation to a period of notice, that period excluding both the day on which the notice is served or deemed to be served and the day for which it is given or on which it is to take effect; Sample 1 Sample 2 Sample 3. Based on 42 documents. clear days means complete days, excluding the first and last named days (for instance ...
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Aug 5, 2023 · 21 clear days means that the 21 days do not include the day on which the notice is served or the day of the meeting. For example, if a company sends a notice of a general meeting on Monday, the notice must be served at least 21 clear days before the meeting, which means that the meeting cannot be held before the following Wednesday.
21 days clear notice, the day of sending the notice and the day of Meeting shall not be counted. Further in case the company sends the notice by post or courier, an additional two days shall be provided for the service of notice. In respect of companies registered under section 8 of the Act, the length of notice was
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Nov 28, 2018 · A notice calling a General meeting has to be in writing and to be given at least 21 Clear Days before the meeting date. The new Act has added the expression “clear days”. It means day of giving of notice and day of the meeting are to be excluded. The new Act permits issuance of notice by electronic mode. Sec.101 (1)
- 14 Or 21 days?
- Is A Shorter Notice Period Possible?
- How to 'Give' Notice
- How Long Is 14 days?
- An Example
Companies which are required to hold AGMs by their articles of association and/or by virtue of them being public companies must give their shareholders at least 21 days' notice of those meetings. Generally, companies may call other general meetings on 14 days' notice.
In the case of AGMs and general meetings of public companies whose shares are listed or quoted on any regulated market throughout the European Economic Area (traded companies) giving valid notice which is less than the statutory period is not permissible. However there are provisions within the Act for other types of companies to hold general meeti...
The Act provides flexibility by allowing notice of general meetings to be validly 'given' by post, by hand, by email (or other electronic form) or through a website (provided that certain conditions are satisfied). Although the word is used regularly throughout the Act there is no statutory definition of what it means to 'give' notice. The Act does...
Whether 21, 14 or fewer days' notice is required, the same principles apply in relation to scheduling the earliest date that a shareholders' meeting can be held. All notice periods for shareholders' meetings must be notice periods of 'clear' days. This means that the notice period must exclude the day on which notice is sent as well as the day on w...
'Example Limited is a private company limited by shares. On Thursday, 5 February 2015 its directors wish to send out a notice to convene a general meeting and to give the shortest possible notice of this meeting to shareholders, being 14 days. They do not think they can get consent from 90% of the shareholders to a shorter period. The notices will ...
Sep 28, 2023 · The company must give a clear 21 days’ notice to its member for calling the AGM. The notice should mention the Place, the Date, Business and day of the meeting, and the Hour at which the meeting should be scheduled. A company should send the notice of the AGM to: All the members of the company including their legal representative
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What does 21 clear days mean?
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Aug 14, 2019 · (2) A period of time expressed as a number of days shall be computed as clear days. (3) In this rule ‘clear days’ means that in computing the number of days – (a) the day on which the period begins; and (b) if the end of the period is defined by reference to an event, the day on which that event occurs are not included. Examples
