Section 303 Member's Requisition Requiring General Meeting
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ƵSource file
Jurisdiction
England and WalesRelevant sectors
Type of legal document
📑 Members' requisitionBusiness activity
Call a general meetingA member's requisition is a formal request made by a member of parliament to the Speaker of the House of Commons for the issue of a writ for a by-election. The Speaker must issue the writ within 21 days of the requisition being made. A requisition must be signed by at least two members of parliament.
This legal template outlines the necessary information and format for a member to draft a formal requisition notice, as required by Section 303. It includes instructions on how to properly complete the requisition, including details such as the member's name, contact information, and the number of shares they hold in the company. It may also advise on additional required elements, such as the specific agenda or resolutions proposed for the general meeting.
By using this legal template, members can ensure that their requisition complies with UK law and that all necessary information is provided. This document serves as a formal communication to the company's directors and board, notifying them of the member's intent to call a general meeting. It empowers shareholders to actively participate in the decision-making process of the company and exercise their rights as owners.
Overall, the "Section 303 Member's Requisition Requiring General Meeting under UK law" legal template streamlines the process of initiating a general meeting within a UK company, allowing shareholders to exercise their rights and take part in key decision-making situations.
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