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Changes over time for: Section 292


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 06/04/2015.
Changes to legislation:
Companies Act 2006, Section 292 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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292Members' power to require circulation of written resolutionU.K.
This section has no associated Explanatory Notes
(1)The members of a private company may require the company to circulate a resolution that may properly be moved and is proposed to be moved as a written resolution.
(2)Any resolution may properly be moved as a written resolution unless—
(a)it would, if passed, be ineffective (whether by reason of inconsistency with any enactment or the company's constitution or otherwise),
(b)it is defamatory of any person, or
(c)it is frivolous or vexatious.
(3)Where the members require a company to circulate a resolution they may require the company to circulate with it a statement of not more than 1,000 words on the subject matter of the resolution.
(4)A company is required to circulate the resolution and any accompanying statement once it has received requests that it do so from members representing not less than the requisite percentage of the total voting rights of all members entitled to vote on the resolution.
(5)The “requisite percentage” is 5% or such lower percentage as is specified for this purpose in the company's articles.
(6)A request—
(a)may be in hard copy form or in electronic form,
(b)must identify the resolution and any accompanying statement, and
(c)must be authenticated by the person or persons making it.
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