Section 241 CAMA 2020

Section 241 Companies and Allied Matters Act is about Length of notice for calling meetings. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act.

(1) The notice required for all types of general meetings is 21 days from the date on which the notice was sent out.

(2) A general meeting of a company, notwithstanding that it is called by a shorter notice than that specified in subsection (1), is deemed to have been duly called if it is so agreed in the case of—

(a) a meeting called as the annual general meeting, by all the members entitled to attend and vote ; and
(b) any other general meeting, by a majority in number of the members having a right to attend and vote at the meeting, being a majority together holding at least 95% in nominal value of the shares giving a right to attend and vote at the meeting or, in the case of a company not having a share capital, together representing at least 95% of the total voting rights at that meeting of all the members.