What are Shareholders Meetings?
There are two types of shareholders’ meetings: (a) the annual shareholders’ meeting; and (b) the special meeting. Annual Shareholders’ Meetings Legislation typically requires that a shareholders’ meeting take place on an annual basis. The meeting is held at the time provided for in the corporation’s Articles of Incorporation or By-Laws. In most cases, the corporation’s By-Laws provide the directors with a great amount of latitude as to when the meeting is to be held. The corporation’s Articles of Incorporation or By-Laws usually stipulate where the meeting is to take place. If no place is specified, the meeting is held at the registered office of the corporation. Unless there are provisions to the contrary in the Articles of Incorporation or By-Laws, notice of the time and place of the meeting must be given beforehand by registered or certified mail to each shareholder at his/her last known address. A shareholder can waive the notice requirement with respect to the holding of the share
