Easy2 marksMultiple Choice
ACCA · Question 19 · Management, administration and the regulation of companies
Section A
A private limited company wishes to pass a special resolution at a general meeting to change its name. What is the standard minimum notice period required to call this general meeting?
Section A
A private limited company wishes to pass a special resolution at a general meeting to change its name. What is the standard minimum notice period required to call this general meeting?
Answer options:
A.
7 days
B.
14 days
C.
21 days
D.
28 days
How to approach this question
Recall the statutory notice periods for company meetings under the Companies Act 2006.
Full Answer
B.14 days✓ Correct
Under the Companies Act 2006, the standard minimum notice period for a general meeting of a private company (whether passing an ordinary or special resolution) is 14 days. (Note: It can be held on shorter notice if agreed by a majority of members holding at least 90% of the voting rights).
Common mistakes
Confusing the notice period for a special *resolution* (14 days) with a resolution requiring special *notice* (28 days, e.g., to remove an auditor or director).
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