ExpertMedium2 marksMultiple Choice
Management, administration and the regulation of companiesSection ASyllabus FCorporate and Business Law
ACCA · Question 19 · Management, administration and the regulation of companies
A public limited company (PLC) wishes to change its name, which requires a special resolution at a general meeting.
What is the minimum notice period required to call this general meeting?
A public limited company (PLC) wishes to change its name, which requires a special resolution at a general meeting.
What is the minimum notice period required to call this general meeting?
Answer options:
A.
14 days.
B.
21 days.
C.
28 days.
D.
7 days.
How to approach this question
Differentiate between an AGM (21 days) and a general meeting (14 days). Changing a name requires a special resolution, which can be done at a general meeting.
Full Answer
A.14 days.✓ Correct
Under the Companies Act 2006, the standard minimum notice period for a general meeting of a public company (other than an Annual General Meeting) is 14 clear days. An AGM requires 21 days' notice.
Common mistakes
Confusing the notice period for a general meeting (14 days) with the notice period for an AGM (21 days) or the voting threshold for a special resolution (75%).
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