INDIVIDUAL ASSIGNMENT

MGM 4321
COMPANY LAW

PREPARED FOR:
DR. ADILAH ABD RAZAK

PREPARED BY:
NOR ASMIDA AZMI EX03194

DATE:
09/02/2018
MEMBERS’ POWER TO REQUIRE CIRCULATION OF WRITTEN RESOLUTION.

The company need to circulate the written

resolution and any accompanying statement
when received request to do from any
members that have right to request a written
resolution.

Member that eligible to require the company to

circulate a resolution moved as written resolution,
shall having 50% or lower than that as specified in
the constitution from the total voting rights.

A member can required the company to circulate

the written resolution statement that not having
more than one thousand words on subject matter.

A request shall be as following;

a) be in hard copy or electronic form.
b) state the resolution and provide any accompanying
statement.
c) be signed or authenticated by the member making
request.

Company cannot circulated any resolution as a written

resolution when resolution inconsistent with the
constitution or law after passed, defamatory of any
person, frivolous or vexatious and when resolution
would not in the best interest of the company after
passed.
CIRCULATION OF WRITTEN RESOLUTION PROPOSED BY MEMBERS.

1) The directors of company shall circulate a copy of the resolution and copy of any
accompanying statement to every eligible member in hard copy or electronic when
received a request from member under sec. 302(1).

2) The directors shall circulation copies at the same time or reasonable practicable to
all eligible members.

3) The directors shall send both copies together. If one copies send to members on
different days, the director need to make sure not more than 21 days from the first
copies sending out as subject under section 302 about circulation the resolution.

4) The copy of resolution shall have a statement of the procedure for signifying
agreement or otherwise to the resolution and the date by which the resolution shall
lapse if the resolution not passed.

5) If the validity of the resolution passed, it will not be effected by failed based on this
section.

6) The member whose requested the written resolution as according under section 302
have right to circulate the resolution if the director failed to circulate a written
resolution.

7) All expenses incurred by members during circulated the resolution shall be

reimbursed by the company because directors failure to circulate it.

8) All sum reimbursed by company due or become due from the directors by way of
fees or other remuneration in respect of the services that directors as default to
circulate resolution.
EXPENSES OF CIRCULATION

All the expenses complying with section 303 shall

be paid by the members who requested the
circulation of the statement.

If the company get sum reasonable

suffiecient amount that meet the company
expenses to circulated resolution and the
amount being deposited not late than 1 week
before the meeting, the company would not
be bound with section 303.