WHC 1.37% $5.94 whitehaven coal limited

Ann: Resolutions under section 249 of the Corporations Act, page-11

  1. 777 Posts.
    lightbulb Created with Sketch. 415
    Unfortunately s249n of the Corporations Act sets a low bar to allow resolutions to be moved at a general meeting -

    CORPORATIONS ACT 2001 - SECT 249N
    Members' resolutions
    (1) The following members may give a company notice of a resolution that theypropose to move at a general meeting:
    (a) members with at least 5% of thevotes that may be cast on the resolution; or
    (b) at least 100 members who are entitled to vote at a general meeting.

    ie there are at least 100 grubs who hold a total of 21,000 shares that are making this resolution and get to waste management's time.


    I think we should get together to make a resolution that climate change issues should not be heard at a general meeting. Who is with me? - I need 100 upvotes
    Last edited by FFailings: 26/08/22
 
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