Regulation 138 Calling a shareholders’ meeting
(1)
The directors of a protected cell company may call a general meeting.
(2)
The persons holding voting shares issued on behalf of the core of a protected cell company may require the directors to call a general meeting.
(3)
The directors are required to call a general meeting once the protected cell company has received requests to do so from persons representing at least 5% of the voting shares issued on behalf of the core of the protected cell company.
(4)
A request—
(a)
must state the general nature of the business to be dealt with at the meeting; and
(b)
may include the text of a resolution that may properly be moved and is intended to be moved at the meeting.
(5)
A request must be authenticated by the person or persons making it.