PART 4Protected Cell Companies
CHAPTER 10Shareholder resolutions
Notice required of meeting140
1
A general meeting must be called by notice of at least 14 days.
2
Paragraph (1) does not apply where—
a
the protected cell company's instrument of incorporation requires a longer period; or
b
the meeting is an adjourned meeting.
3
Notice must be sent to—
a
every shareholder who is entitled to vote at the meeting;
b
any person who is entitled to a voting share in consequence of the death or bankruptcy of the person holding the voting share, provided the protected cell company has been notified of such an entitlement; and
c
every director.
4
In sub-paragraph (b) of paragraph (3), the reference to bankruptcy includes—
a
the sequestration of the estate of a person; or
b
a person's estate being the subject of a protected trust deed (within the meaning of the Bankruptcy (Scotland) Act 2016).
5
Paragraph (3) has effect subject to—
a
any enactment; or
b
any provision of the protected cell company's instrument of incorporation.
6
The notice must state—
a
the time and date of the meeting;
b
the place of the meeting; and
c
the general nature of the business to be dealt with at the meeting.