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Tanzania decisions
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The High Court ordered S&M Water Ltd to convene an extraordinary general meeting to approve share transmission and appoint a new director after quorum was lost.
The High Court found the removal and share forfeiture of a petitioner in a company were unlawful, declared the transaction void, and ordered rectification of the register.
Petition to call and conduct an extraordinary general meeting was struck out because the petitioner failed to prove the company’s current directorship through an updated BRELA report.
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