At the company’s annual general meeting, James bumps into the company secretary. James had observed that the notice he had received advising him of his company’s annual general meeting had stated that...

The University of Queensland
1
Management
Business
Annual General Meeting
Individual
Lecturer:
Student Submitting:
Due Date: 03/05/2020
     The managing directors of the company give more importance to the annual general meeting. The annual general meeting provides an opportunity for the managing directors for informing the shareholders about the performance and plans. While analysing the present case we can understand that the annual general meeting was scheduled at 1.00 pm but due to heavy traffic, the chair had been delayed in while trying to reach the meeting’s venue. The major concerns related to the case is;
1. Procedural irregularity
2. Considering the sections Corporations Act 2001 related with Annual General Meeting 
Procedural irregularity
As per the corporation act 2001 procedural irregularity means;
“The absence of a quorum at a meeting of a corporation, at a meeting of directors or creditors of a corporation, at a joint meeting of creditors and members of a...