Companies Act (Cap. 386)

Companies Act (Cap. 386), article 134

Official PDF on legislation.mt

134. (1) Any provision contained in the memorandum or articles of a company shall be v oid in so far as it would have the effect either- (a) of excluding the right to demand a poll at a general 88 CAP. 386.] COMP ANIES meeting on any question other than the election of the chairman of the meeting or t h e a d j o u r n m e n t o f t h e meeting; or (b) of making ineffective a demand for a poll on any such question which is made either - (i) by not less than five members having the right to vote at the meeting; or (ii) by a member or members representing not less than one-tenth of the total voting rights of all the members having the right to vote at the meeting; or (iii) by a member or members holding shares in the company conferring a r ight to vote at the meeting being shares on which an aggregate sum has been paid up equal to not less than one-tenth o f t h e t o t a l s u m p a i d u p o n a l l t h e s h a r e s conferring that right. (2) The instrument appointing a proxy to vote at a meeting of the company shall be deemed to confer authority to demand or jo in in demanding a poll; and for th e purposes of sub-article (1) a demand by a person as proxy for a member shall be the same as a demand by the member. (3) On a poll taken at a meeting of a company or a meeting of any class of members of that company, a member entitled to more than one vote need not, if he votes, use all his votes or cast all the votes he uses in the same way. Extraordinary and ordinary resolutions. Amended by: IV . 2003.61.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.