LEGALITY OF VIRTUAL COMPANY MEETINGS UNDER THE COMPANIES AND ALLIED MATTERS ACT AND ITS PLACE IN A PANDEMIC RAVAGED SOCIETY.

A company meeting is the general meeting of shareholders or members of the company as well as other persons who may be authorized or entitled to attend, such as directors, auditors and debenture holders. As a forum, the company meeting is the highest decision making body of the company and is empowered among others, to elect or remove the directors of the company. The company meeting also sets the tone and gives bearing to the company for the year in view. Section 63(1) of CAMA provides that “A company shall act through its members in General meeting or its board of directors or through officers or agents, appointed by or under the authority derived from the members in general meeting or the board of directors”.

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