Part 13Resolutions and meetings
Chapter 2Written resolutions
Circulation of written resolutions
294Expenses of circulation
(1)
The expenses of the company in complying with section 293 must be paid by the members who requested the circulation of the resolution unless the company resolves otherwise.
(2)
Unless the company has previously so resolved, it is not bound to comply with that section unless there is deposited with or tendered to it a sum reasonably sufficient to meet its expenses in doing so.