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The application has not outlived its relevancy as pertinent issues regarding notice issuance, notice period, and circulation of meeting papers remain pending for determination; therefore, it cannot be said to have been overtaken by time.
Source excerpt
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The High Court marked a commercial application withdrawn at the applicant’s request, with leave to re-file if needed. Each party was ordered to bear its own costs.
The High Court allowed a sole surviving director to call a shareholders’ meeting so the company could appoint an additional director after the co-director’s death.
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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