Sec105 proxies

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12 Points Posted on 10 February 2020
deposit of MGT11 shall be 48hours before the meeting, can that be extended if privided in companies articles?
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On 10 February 2020 at 06:48 Report
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This discussion clarifies the 48-hour deposit deadline for MGT11 proxies under Section 105. While company articles can specify additional time, they cannot reduce the minimum 48-hour requirement. Section 105(4) explicitly states that any article provision attempting to shorten this period is nullified, meaning the company cannot extend the deadline beyond 48 hours.

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7 Points Posted on 10 February 2020
Article can provide more time,
not less than 48 hours.
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On 10 February 2020 at 08:24
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53 Points Posted on 10 February 2020
No, not at all, even if it is explicitly mentioned in the provisions of the article, it is nullified, as provided under section 105 sub section (4) itself.
Company cannot extend the time limit beyond 48hours.
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On 10 February 2020 at 14:15

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