(1) The members of a company may require the directors to call a general meeting of the company.
(2) The directors are required to call a general meeting once the company has received requests to do so from -
(a) members representing at least 5% of such of the paid-up capital of the company as carries the right of voting at general meetings of the company (excluding any paid-up capital held as treasury shares); or
(b) in the case of a company not having a share capital, members who represent at least 5% of the total voting rights of all the members having a right to vote at general meetings.
(3) [deleted]
(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 resolution may properly be moved at a meeting unless -
(a) it would, if passed, be ineffective (whether by reason of inconsistency with any enactment or the company's
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