Who pays the expenses of circulating an item requested to be included by a shareholder on the agenda of an annual general meeting?
Members have a new right to request that the company include an item in the business of the annual general meeting. As is the case for resolutions requested by shareholders, the company pays the expense of circulation of the agenda item if the request is received before the end of the financial year preceding the meeting. If the request is received after the end of the financial year, the expenses are borne by the shareholder.
