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Question

Answer briefly the following question.
Explain clear days notice with regard to company meetings.

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Solution

  • All notice periods for shareholders' meetings must be notice periods of 'clear'days. This means that the notice period must exclude the day on which notice is sent as well as the day on which the meeting is to be held. If notice of a meeting is sent by post, the 'postal rule' must also be taken into account.

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