Question
The Board shall, at the requisition made by, in the
case of a company having a share capital, such number of members who hold, on the date of the receipt of the requisition___________Solution
Section 100.Calling of extraordinary general meeting: (2) The Board shall, at the requisition made by— (a) in the case of a company having a share capital, such number of members who hold, on the date of the receipt of the requisition, not less than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting; (b) in the case of a company not having a share capital, such number of members who have, on the date of receipt of the requisition, not less than one-tenth of the total voting power of all the members having on the said date a right to vote, call an extraordinary general meeting of the company within the period specified in sub-section (4).
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A standing agreement between insurers and reinsurers. Under a treaty each party automatically accepts a specific percentage of the insurer’s business ...
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