Extraordinary General Meeting

English Legal System: Extraordinary General Meeting

In the context of the English law, A Dictionary of Law provides the following legal concept of Extraordinary General Meeting : Any meeting of company members other than the *annual general meeting (See also general meeting). Except when the meeting is for the passing of a *special resolution, 14 days’ written notice must be given (7 days suffices in the case of an unlimited company). Only *special business can be transacted. Such a meeting can be convened by the directors at their discretion or by company members who either hold not less than 10% of the paid-up voting shares (See call) or, in companies without a share capital (See limited company; unlimited company), represent not less than 10%of the voting rights.