Companies Act (Cap. 386), article 129

129. (1) The directors of a company shall on the requisition of one or more members of the company, holding not less than one - tenth of the paid-up share capital of the company on the date o f the deposit of the requisition, which share capital carries the rig ht of voting at general meetings of th e company, forthwith proceed to duly convene an extraordinary general meeting of the company within twenty-one (21) days from the date of the deposit of the requisition, to be held not later than two (2) months from the date of the deposit of the requisition. (2) The requisition shall state the objects of the meeting and 86 CAP. 386.] COMP ANIES shall be signed by the requisitionists and deposited at the reg istered office of the company and may consist of several documents in like form, each s igned by all the requisitionists. (3) If the directors do not duly proceed to hold a meeting as referred to in sub-article (1), the requisitionists may convene a meeting in the same manner, as far as possible, as that in which meetin gs are to be convened by the directors, provided that such a meeting shal l be held before the expiration of three (3) months from the date of the deposit of the requisition. (4) Any reasonable expense incurred by the requisitionists by reason of the failure of the dir ectors to hold a meeting shall be repaid to the requisitionists by the compa ny, and any sum so repaid shall be due personally by the directors who were in default and may be reta ined by the company out of any amount due or which may become due by th e company by way of fees or other remuneration in respect of thei r services to such directors who were in default. Length of notice for calling general meetings.