godfrey herry mosha 2021 tzhccomd 3336 17 september 2021

The company cannot legally transact business with only one director; sufficient grounds exist to grant the orders sought for convening a meeting and appointing an additional director.

Citation: godfrey herry mosha 2021 tzhccomd 3336 17 september 2021
Parties: Petitioner: Godfrey Herry Mosha
Court: TZHCCOMD
Jurisdiction: Tanzania
Judgment Date: 17 September 2021
Procedural Posture: Miscellaneous Commercial Cause / Ruling
Outcome: petition granted
Legal Topics: Extraordinary General Meeting, Appointment of Director, Quorum Requirements
Source Language: English

Company Law Extraordinary General Meeting Appointment of Director Quorum Requirements

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 1 Amounts and remedies 1

Parties

Godfrey Herry Mosha

Petitioner

Procedural Posture

Miscellaneous Commercial Cause / Ruling

Legal Issues

1 Whether the sole surviving director can convene a meeting to appoint an additional director
2 Whether presence in person or proxy constitutes quorum

Ratio Decidendi

The company cannot legally transact business with only one director; sufficient grounds exist to grant the orders sought for convening a meeting and appointing an additional director.

Court Disposition

petition granted

Orders

Petitioner, as sole surviving director, is ordered within 60 days to call and conduct a shareholders' meeting with appointment of an additional director as an agenda item.
Presence in person or proxy shall be deemed to constitute a quorum.