Public Service Commission Act, 1997
R 385
Companies Act, 1973 (Act No. 61 of 1973)Chapter VII: Administration of CompaniesSpecial Resolutions201. Special resolutions for altering memorandum or articles and matters in pursuance thereof may be passed at same meeting |
Where this Act permits any company to do anything by special resolution subject to the condition that its memorandum or articles authorises it and its memorandum or articles do not provide for such authority, but do not prohibit it, the company concerned may convene a single meeting for the purpose of-
a) | passing a special resolution for the creation of the said authority in the memorandum or articles; and |
b) | passing the intended special resolution. |