Companies (Single Member Private Limited Companies) Regulations (Northern Ireland) 1992 No. 405

SCHEDULE AMENDMENTS TO THE 1986 ORDER AND THEINSOLVENCY ORDER

Meetings

5.  In Chapter IV of Part XII of the 1986 Order, after Article 378 insert

“Quorum at meetings of the sole member

378A.   Notwithstanding any provision to the contrary in the articles of a private company limited by shares or by guarantee having only one member, one member present in person or by proxy shall be a quorum.”.