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Notice of change.
74.
( 1 ) Within fifteen days after a change is made among its directors, a corporation must send to the Director a notice in the prescribed form setting out the change; and the Director must file the notice.
(2) Any interested person, or the Director, may apply to the court for an order to require... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222 47 75.
( 1 ) The directors of a corporation shall hold the F;;;;;: annual meeting of directors within Antigua and Barbuda and unless otherwise provided in the articles or by-laws, any other meeting of directors may be held at any place upon such notice as the by-laws require. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) Subject to the articles or by-laws, a majority of the number of directors or minimum number of directors required by the articles constitutes a quorum at any meeting of directors; and, notwithstanding any vacancy among the directors, a quorum of directors may exercise all the powers of the directors.
76. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
76.
(1) A notice of a meeting of the directors of a :?&.and corporation must specify any matter referred to in subsec- tion (2) of section 80 that is to be dealt with at the meeting; but, unless the by-laws of the corporation otherwise provide, the notice need not specify the purpose of or the business to be transacte... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) A director may, in any manner, waive a notice of a meeting of directors; and attendance of a director at a meeting of directors is a waiver of notice of the meeting by the director except when he attends the meeting for the ex- press purpose of objecting to the transaction of any business on the grounds that the me... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
78.
Where a corporation has only one director; that :,";=?
director may constitute a meeting.
79.
(1) Subject to the by-laws of a corporation, a ;;:;;:;;;on.
director may, if all the directors of the corporation consent, participate in a meeting of directors of the corporation or of a committee of the directors by... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Such a meeting will be deemed to have been held within Antigua and Barbuda so long as at least one director is present in Antigua and Barbuda during the meeting.
LAWS OF ANTIGUA AND BARBUDA CAP.
222) International Business Corporations ( 2 ) A director who participates in a meeting of direc- tors by any means describ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Delegation of powers.
80.
(1) Directors of a corporation may appoint from their number a managing director or a committee of direc- tors and delegate to the managing director or committee any of the powers of the directors. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
( 2 ) Notwithstanding subsection (I), no managing direc- tor and no committee of directors of a corporation may ( a ) submit to the shareholders any question or mat- ter requiring the approval of the shareholders; (b) fill a vacancy among the directors or in the office of auditor; ( 6 ) issue shares except in the manne... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
adopt, amend or repeal by-laws.
Validity of acts.
81.
An act of a director or officer is valid notwith- standing any irregularity in his election or appointment or any defect in his qualification.
Meeting by resolution.
82. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Meeting by resolution.
82.
(1) When a resolution in writing is signed by all the directors entitled to vote on that resolution at a meeting of directors or committee of directors, ( a ) the resolution is as valid as if it had been passed at a meeting of directors or a committee of directors; and ( b ) the .resolution... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222 49 ( 2 ) A copy of every resolution referred to in subsec- tion ( 1 ) must be kept with the minutes of the proceedings of the directors or committee or directors.
LIABILITIES O F DIRECTORS 83. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
LIABILITIES O F DIRECTORS 83.
Directors of a corporation who vote for or con- Liability for sent to a resolution authorising the issue of a share under Share section 30 for a consideration other than money are jointly and severally liable to the corporation to make good any amount by which the consideration received i... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Directors of a corporation who vote for or con- ktit,bI';:;sf"' sent to a resolution authorising (a) a purchase, redemption or other acquisition of shares contrary to section 39, 4 0 , or 41; ( 6 ) a payment of a dividend contrary to section 51 or 52; (c) financial assistance contrary to section 53; (d) a payment of an... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
85.
A director who has satisfied a judgment founded Contribution for judgment.
on a liability under section 83 or 84 is entitled to contribu- tion from the other directors who voted for or consented to the unlawful act upon which the judgment was founded.
86.
( 1 ) A director who is liable under section 84 may Reco... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
apply to the court for an order compelling a shareholder or other recipient to pay or deliver to the director any money or property that was paid or distributed to the shareholder or other recipient contrary to section 3 9 , 40, 41, 51, 52, 53, 54 or 56.
50 CAP. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222) International Business Corporations LAWS OF ANTIGUA AND BARBUDA (2) In connection with an application under subsec- tion (I), the court may, if it is satisfied that it is equitable to do so, (a) order a shareholder or other recipient to pay or deliver to a director any money or property that was paid or distribute... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Defence to liability.
87.
A director of a corporation is not liable under section 83 if he did not know and could not reasonably have known that the share was issued for a consideration less than the fair equivalent of the money that the corporation would have received if the share had been issued for money.
Time li... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Time limit on liability.
88.
An action to enforce a liability imposed under section 83 or 84 may not be commenced after two years from the date of the resolution authorising the action complained of.
CONTRACTUAL INTERESTS Interests in contracts.
89. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
89.
(1) A director or officer of a corporation (a) who is a party to a material contract or pro- posed material contract with the corporation, or (b) who is a director or an officer of any body, or has a material interest in any body, that is a party to a material contract or proposed material contract with the corpor... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) The disclosure required by subsection (1) must be made, in the case of a director of a corporation, LAWS OF ANTIGUA AND BARBUDA International Business Corporations (CAP. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222 5 1 ( a ) at the meeting at which a proposed contract is first considered; ( 6 ) if the director was not then interested in a pro- posed contract, at the first meeting after he becomes so interested; (c) if the director becomes interested after a con- tract is made, at the first meeting after he becomes so interest... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(3) The disclosure required by subsection (1) must be made, in the case of an officer of a corporation who is not a director, ( a ) forthwith after he becomes aware that the con- tract or proposed contract is to be considered or has been considered at a meeting of directors of the corporation; ( b ) if the officer beco... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(4) If a material contract or a proposed material con- tract is one that, in the ordinary course of the corporation's business, would not require approval by the directors or shareholders of the corporation, a director or officer of the corporation must disclose in writing to the corporation or request to have entered ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(5) A director of a corporation who is referred to in subsection (1) may vote on any resolution to approve a con- tract that he has an interest in, if the contract ( a ) is an arrangement by way of security for money loaned to or obligations undertaken by him for the 52 CAP. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222) International Business Corporations LAWS OF ANTIGUA AND BARBUDA benefit of corporation; the corporation or an affiliate of the ( 6 ) is a contract that relates primarily to his remuneration as a director, officer, employee or agent of the corporation or affiliate of the corporation; ( c ) is a contract for indemni... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
90.
For the purposes of section 89, a general notice to the directors of a corporation by a director or an officer of the corporation declaring that he is a director or officer of or has a material interest in another body and is to be regarded as interested in any contract with that body is a sufficient declaration o... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
A material contract between a corporation and one or more of its directors or officers, or between the cor- poration and another body of which a director or officer of the corporation is a director or officer or in which he has a material interest, is neither void nor voidable ( a ) by reason only of that relationship,... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Interest declaration.
Avoidance of nullity.
LAWS OF ANTIGUA AND BARBUDA International Business Corporations (CAP.
222 53 92.
When a director or officer of a corporation fails Setting aside contract.
to disclose, in accordance with section 89 or 90, his interest in a material contract made by the corporation, the c... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Subject to the articles or by-laws of a corpora- gftz;;:,3" of tion or any unanimous shareholder agreement, ( a ) the directors of the corporation may designate the offices of the corporation, appoint natural persons of full capacity as officers, specify their duties and delegate to them powers to manage the business a... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
BORROWING POWERS OF DIRECTORS 94.
(1) Unless the articles or by-laws, or any BO'TOwing powers. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
unanimous shareholder agreement relating to the corpora- tion otherwise provide, the articles of a corporation are presumed to provide that the directors of the corporation may, without authorisation of the shareholders, ( a ) borrow money upon the credit of the corporation; ( b ) issue, re-issue, sell or pledge debent... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
5 4 CAP.
222) International Business Corporations LAWS OF ANTIGUA AND BARBUDA ( 2 ) Notwithstanding subsection ( 2 ) of section 80 and paragraph ( a ) of section 9 3 , unless the articles or by-laws of, or any unanimous shareholder agreement relating to, a corporation otherwise provide, the directors of the corpora- t... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
( 3 ) For the purposes of this Act "security interest" means any interest in or charge upon any property of a cor- poration, by way of mortgage, bond, lien, pledge or other means, that is created or taken to secure the payment of an obligation of the corporation.
DUTY O F DIRECTORS AND OFFICERS Duty of care.
95. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
DUTY O F DIRECTORS AND OFFICERS Duty of care.
95.
(1) Every director and officer of a corporation in exercising his powers and discharging his duties must ( a ) act honestly and in good faith with a view to the best interests of the corporation; and ( b ) exercise the care, diligence and skill that a reasonably prude... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
( 2 ) Every director and officer of a corporation must comply with this Act and the regulations and with the articles and by-laws of the corporation and any unanimous shareholder agreement relating to the corporation. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
( 3 ) Subject to subsection (3) of section 124, no provi- sion in a contract, the articles of a corporation, its by-laws or any resolution, relieves a director or officer of the cor- poration from the duty to act in accordance with this Act or the regulations, or relieves him from liability for a breach of this Act or ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
96.
( 1 ) A director of a corporation who is present at a meeting of the directors or of a committee of directors of the corporation consents to any resolution passed or action taken at that meeting, unless ( a ) he requests that his dissent be or his dissent is entered in the minutes of the meeting, Dissenting to res... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222 (6) he sends his written dissent to the secretary of the meeting before the meeting is adjourned, or (c) he sends his dissent by registered post or delivers it to the registered office of the corporation immediately after the meeting is adjourned.
(2) A director who votes for or consents to a resolution may not di... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(3) A director who was not present at a meeting at which a resolution was passed or action taken is presumed to have consented thereto unless, within seven days after he becomes aware of the resolution, he (a) causes his dissent to be placed with the minutes of the meeting, or (b) sends his dissent by registered post o... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(4) A director is not liable under section 83, 84 or 95 if he relies in good faith upon (a) financial statements of the corporation represented to him by an officer of the corporation, or (b) a report of a solicitor, accountant, engineer, appraiser or other person whose profession lends credibility to a statement made ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
of a corporation or body corporate to obtain a judgment in its favoir, a corporation may indemnify (a) a director or officer of the corporation, (b) a former director or officer of the corporation, (c) a person who acts or acted at the corporation's request as a director or officer of a body corporate of which the corp... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222) International Business Corporations LAWS OF ANTIGUA AND BARBUDA against all costs, charges and expenses (including an amount paid to settle an action or satisfy a judgment) reasonably incurred by him in respect of any civil, criminal or administrative action or proceeding to which he is made a party by reason of b... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) Subsection (1) does not apply unless the director or officer to be so indemnified (a) acted honestly and in good faith with a view to the best interests of the corporation, and (b) in the case of a criminal or administrative action or proceeding that is enforced by a monetary penalty, had reasonable grounds for bel... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
A corporation may with the approval of the court indemnify a person referred to in section 97 in respect of an action (a) by or on behalf of the corporation or body cor- porate to obtain a judgment in its favour, and (b) to which he is made a party by reason of being or having been a director or an officer of the corpo... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
99. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Notwithstanding anything in section 97 or 98, a person described in section 97 is entitled to indemnity from the corporation in respect of all costs, charges and expenses reasonably incurred by him in connection with the defence of any civil, criminal or administrative action or proceeding to which he is made a party b... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
LAWS OF ANTIGUA AND BARBUDA International Business Corporations (CAP.
222 57 ( b ) qualified in accordance with the standards set out in section 97 or 98, and ( c ) is fairly and reasonably entitled to indemnity.
100.
A corporation may purchase and maintain Insurance of directors, etc. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
insurance for the benefit of any person referred to in sec- tion 95 against any liability incurred by him under paragraph ( b ) of subsection ( 1 ) of section 95 in his capacity as a director or officer of the corporation.
1 .
(1) A corporation or person referred to in sec- Court approval of indemnity.
tion 100 may ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) An applicant under subsection (1) must give the Director notice of the application; and the Director may appear and be heard in person or by counsel.
(3) Upon an application under subsection ( I ) , the court may order notice to be given to any interested person; and that person may appear and be heard in person o... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
in section 104 must be held at the place within Antigua and Barbuda provided in the by-laws or, in the absence of any such provision, at the place within Antigua and Barbuda that the directors determine.
103.
Any person may serve as a proxy holder for a E::;:;;.ce at shareholder at a meeting; provided that if no shar... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
104.
The directors of a corporation Calling meetings.
( a ) must call an annual meeting of shareholders not later than eighteen months after the corporation comes into existence and subsequently not later than 58 CAP.
222) International Business Corporations LAWS OF ANTIGUA AND BARBUDA fifteen months after holding t... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(1) For the purpose of (a) determining the shareholders of the corpora- tion who are (i) entitled to receive payment of a dividend, or to participate in a liquidation (ii) entitled distribution, (6) determining the shareholders of the corpora- tion for any other purpose except the right to receive nOtlCe of or to vote ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2).
For the Purpose of determining shareholders who are entltled to receive notice of a meeting of shareholders of the corporation, the directors of the corporation may fix in advance a date as the record date for the determination of shareholders; but the record date must not precede by more than fifty days or by le... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Statutory date.
106.
If no record date is fixed, (a) the record date for determining the shareholders who are entitled to receive a notice of a meeting of the shareholders is (i) the close of business on the date immediately preceding the day on which the notice is given, or (ii) if no notice is given, the day on whi... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222 59 ( 6 ) the record date for the determination of shareholders for any purpose other than the purpose specified in paragraph ( a ) is the close of business on the day on which the directors pass the resolution relating to that purpose.
107.
If a record date is fixed under section 105, notice 7,":;: thereof must, ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
record 108.
(1) Notice of the time and place of a meeting zznif of shareholders must be sent not less than twenty-one days nor more than fifty days before the meeting (a) to each shareholder entitled to vote at the meeting; ( 6 ) to each director; and (c) to the auditor of the corporation. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) A notice of a meeting of shareholders of a corpora- tion is not required to be sent to shareholders of the cor- poration who were not registered on the records of the cor- poration or its transfer agent on the record date determined under section 106 or 107, as the case may be; but failure to receive notice does no... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(3) If a meeting of shareholders is adjourned for less than thirty days it is not necessary, unless the by-laws other- wise provide, to give notice of the adjourned meeting, other than by announcement at the earliest meeting that is adjourned.
(4) If a meeting of shareholders is adjourned by one or more adjournments f... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
of shareholders and all business transacted at an annual meeting of shareholders is special business, except 60 CAP.
222) International Business Corporations LAWS OF ANTIGUA AND BARBUDA (a) the consideration of the financial statements, (b) the auditor's report, (c) the election of directors, and (d) the re-appointmen... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) Notice of a meeting of shareholders at which special business is to be transacted must state: (a) the nature of that business in sufficient detail to permit the shareholder to form a reasoned judgment thereon; and ( b ) the text of any special resolution to be submit- ted to the meeting.
0 . | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
0 .
A shareholder and any other person who is en- titled to attend a meeting of shareholders may in any man- ner waive notice of the meeting; and the attendance of any person at a meeting of shareholders is a waiver of notice of the meeting by that person unless he attends the meeting for the express purpose of object... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(1) A corporation must, (a) not later than ten days after the record date is fixed under subsection (2) of section 105, if a record date is so fixed, or (b) if no record date is fixed, (i) at the close of business on the date immediately preceding the day on which the notice is given, or (ii) if no notice is given, as ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
LAWS OF ANTIGUA AND BARBUDA Znternational Business Corporations (CAP.
222 6 1 ( 2 ) When a corporation fixes a record date under subsec- tion ( 2 ) of section 105, a person named in the list prepared under paragraph ( a ) of subsection ( 1 ) is, subject to subsec- tion ( 3 ) , entitled, at the meeting to which the lis... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
( 3 ) Where a person has transferred the ownership of any of his shares in a corporation after the record date fixed by the corporation, if the transferee of those shares ( a ) produces properly endorsed share certificates to the corporation or otherwise establishes to the cor- poration that he owns the shares, and ( b... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(4) When a corporation does not fix a record date under subsection ( 2 ) of section 105, a person named in a list of shareholders prepared under paragraph (6) of subsection ( 1 ) may, at the meeting to which the list relates, vote the shares shown opposite his name. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
( 5 ) When a corporation has issued bearer shares, the holder of the bearer shares shall be placed on the list of shareholders upon: ( a ) deposit of the bearer certificate in escrow with the corporation which escrow shall continue until after the meeting of shareholders, or ( b ) upon certification from a banking or t... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Such cer- tification shall include the name and address of the bank- ing or trust institution, the number of shares held and the number identification of the certificate representing said shares.
1 .
A shareholder of a corporation may examine Examination of list.
the list of its shareholders 62 CAP.
222) Internatio... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(a) during usual business hours at the registered office of the corporation or at the place where its register of shareholders is maintained, and ( 6 ) at the meeting of shareholders for which the list was prepared.
Q U O R U M 113.
(1) Unless the by-laws otherwise provide, a quorum of shareholders is present at a me... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) If a quorum is present at the opening of a meeting of shareholders, the shareholders present may, unless the by-laws otherwise provide, proceed with the business of the meeting, notwithstanding that a quorum is not present throughout the meeting. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(3) If a quorum is not present within thirty minutes of the time appointed for a meeting of shareholders, the meeting stands adjourned to the same day two weeks thereafter at the same time and place; and, if at the adjourned meeting, a quorum is not present within thirty minutes of the appointed time, the shareholders ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(4) When a corporation has only one shareholder, or has only one shareholder of any class or series of shares, that shareholder present in person or by proxy constitutes a meeting.
VOTING T H E SHARES Right to vote share.
114.
(1) Unless the articles of the corporation other- wise provide, on a show of hands a share... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) A proxy holder or an alternate proxy holder has the same rights as the shareholder who appointed him LAWS OF ANTIGUA AND BARBUDA International Business Corporations (CAP.
222 63 ( a ) to speak at the meeting of shareholders in respect of any matter, (6) to vote by way of ballot at the meeting, and (c) to vote at t... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
115.
( 1 ) When a body corporate or association is a Representative of other body.
shareholder of a corporation, the corporation must recognise any natural person authorised by a resolution of the direc- tors or governing body of the body corporate or association to represent it at meetings of shareholders of the cor... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) A natural person who is authorised as described in subsection ( 1 ) may exercise, on behalf of the body corporate or association that he represents, all the powers it could exercise if it were a natural person as well as a shareholder.
116.
Unless the by-laws otherwise provide, if two or Joint shareholders. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
more persons hold shares jointly, one of those holders pre- sent at a meeting of shareholders may, in the absence of the other, vote the shares; but if two or more of those per- sons who are present, in person or by proxy, vote, they must vote as one on the shares jointly held by them.
117.
Unless the by-laws otherwi... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
a meeting of shareholders must be by a show of hands except when a ballot is demanded by a shareholder or proxy holder entitled to vote at the meeting.
118.
A shareholder or proxy holder may demand a ballot either before or after any vote by show of hands.
119. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
119.
( 1 ) Except where a written statement is sub- z;;Filon mitted by a director under section 7 1 or an auditor under section 1 5 7 , in ( a ) a resolution in writing signed by all the shareholders entitled to vote on that resolution at a meeting of shareholders is as valid as if it had been passed at a meeting of t... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222) International Business Corporations LAWS OF ANTIGUA AND BARBUDA ( b ) a resolution in writing dealing with all matters required by this Act to be dealt with at a meeting of shareholders, and signed by all the shareholders entitled to vote at that meeting, satisfies all the requirements of this Act relating to meet... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
COMPULSORY MEETING Requisitioned shareholders meeting.
120.
(1) The holders of not less than five per cent of the issued shares of a corporation that carrv the right to vote at a meeting sought to be held by them may requisition the directors to call a meeting of shareholders for the pur- poses stated in the requisit... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
- (2) The requisition referred to in subsection (I), which may consist of several documents of like form each signed by one or more shareholders of the corporation, must state the business to be transacted at the meeting and must be sent to each director and to the registered office of the corporation. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(3) Upon receiving a requisition referred to in subsec- tion (I), the directors must call a meeting of shareholders to transact the business stated in the requisition, unless (a) a record date has been fixed under subsec- tion (2) of section 105 and notice thereof has been given under section 107; or (b) the directors ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(4) If, after receiving a requisition referred to in subsec- tion (I), the directors do not call a meeting of shareholders within twenty-one days after receiving the requisition, any shareholder who signed the requisition may call the meeting.
(5) A meeting called under this section must be called as early as possible... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222 65 (6) Unless the shareholders otherwise resolve at a meeting called under subsection (4), the corporation must re-imburse the shareholders who requisitioned the meeting the expenses reasonably incurred by them in requisitioning, calling and holding the meeting.
12 1.
(1) Upon the application to the court by a di... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
tor of a corporation or a shareholder of the corporation who is entitled to vote at a meeting of the shareholders, or by the Director, the court may, (a) when for any reason it is impracticable (i) to call a meeting of shareholders in the man- ner in which meetings of shareholders can be called, or (ii) to conduct the ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) Without restricting the generality of subsection ( I ) , the court may order that the quorum required by the by- laws or this Act be varied or dispensed with at a meeting called, held and conducted pursuant to this section.
(3) A meeting of the shareholders of a corporation called, held and conducted pursuant to t... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
CONTROVERTED AFFAIRS 122.
(1) A corporation or a shareholder or director ~~;~og;~;x of thereof may apply to the court to determine any controversy with respect to an election or appointment of a director or auditor of the corporation.
(2) Upon an application made under this section, the court may make any order it th... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
Unanimous shareholder agreement. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(a) an order restraining a director or auditor whose election or appointment is challenged from acting pend- ing determination of the dispute; ( b ) an order declaring the result of the disputed election or appointment; (c) an order requiring a new election or appoint- ment and including in the order directions for the... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
SHAREHOLDER AGREEMENTS 123.
A written agreement between two or more shareholders of a corporation may provide that in exercis- ing voting rights the shares held by them will be voted as provided in the agreement.
124. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
124.
(1) An otherwise lawful written agreement among all the shareholders of a corporation, or among all the shareholders and a person who is not a shareholder, that restricts, in whole or in part, the powers of the directors of the corporation to manage the business and affairs of the corporation is valid. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(2) A shareholder who is a party to any unanimous shareholder agreement has all the rights, powers and duties and incurs all the liabilities of a director of the corporation to which the agreement relates to the extent that the agree- ment restricts the discretion or powers of the directors to manage the business and a... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(3) If a person who is the beneficial owner of all the issued shares of a corporation makes a written declaration that restricts in whole or in part the powers of the directors to manage the business and affairs of the corporation, the declaration constitutes a unanimous shareholder agreement.
LAWS OF ANTIGUA AND BARB... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
222 67 (4) Where any unanimous shareholder agreement is executed or terminated in connection with a corporation licensed to conduct international banking, trust or insurance business, written notice of that fact together with a date of the execution or termination thereof must be filed with the Director within fifteen ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(5) No director of a corporation licensed to conduct international banking, trust or insurance business shall be relieved of his duties and liabilities to any extent pursuant to subsection (2) with respect to a unanimous shareholder agreement.
SHAREHOLDER APPROVALS 125.
( 1 ) A sale, lease or exchange of all or subst... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
tially all the property of a corporation other than in the ordinary course of business of the corporation requires the approval of the shareholders in accordance with this section. | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
( 2 ) A notice of a meeting of shareholders complying with section 108 must be sent in accordance with that sec- tion to each shareholder and must ( a ) include or be accompanied by a copy or sum- mary of the agreement of sale, lease or exchange, and ( b ) state that a dissenting shareholder is entitled to be paid the ... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(3) At the meeting referred to in subsection ( 2 ) the shareholders may authorise the sale, lease or exchange of the property and may fix or authorise the directors to fix any of the terms and conditions of the sale, lease or exchange.
(4) Each share of the corporation carries the right to vote in respect of a sale, l... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
68 CAP.
222) International Business Corporations LAWS OF ANTIGUA AND BARBUDA ( 5 ) The shareholders of a class or series of shares of the corporation are entitled to vote separately as a class or series in respect of a sale, lease or exchange referred to in subsection (1) only if the class or series is affected by the... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
(6) A sale, lease or exchange referred to in subsection (1) is adopted when the shareholders of each class or series of shares who are entitled to vote thereon have, by special resolu- tion, approved of the sale, lease or exchange.
(7) The directors of a corporation, if authorised by the shareholders approving a propo... | Democratic Participation | Electoral facilitation for women politicians and women voters | Antigua and Barbuda | https://docs-lawep.s3.us-east-2.amazonaws.com/1694878254353.pdf | http://laws.gov.ag/wp-content/uploads/2018/08/cap-222.pdf |
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