In relation to the Company Law of China,
(a) state the circumstances under which an extraordinary general shareholders’ meeting shall be held by a joint stock company; (8 marks)
参考答案:
In accordance with Article A0A of the Company Law, under the following circumstances, shall an extraordinary general shareholders’ meeting be held by a joint stock company: (i) if the number of directors is less than that as provided by the Company Law, or less than two-thirds of the number as required by the articles of association of the company; (ii) if the amount of the company’s losses that have not been made up reaches one-third of the total amount of its paid-up share capital; (iii) if shareholders holding separately or jointly A0% or more of the company’s shares request to convene a shareholders’ meeting; (iv) if the board of directors deems it necessary; (v) if the supervisory board proposes that such a meeting be convened.