Jin.Chan
Oct 1, 2011, 01:28 AM
Hi all,
I'm a beginner in Corporate law. I have a question about s1322. If there is defective notice, the meeting or any action taken in that meeting is not void merely because of a defect in notice of the meeting (i.e. Failure to give notice to a particular member). Thus, defective meeting may be cured by the general power under s1322. I don't understand what does it mean by 'cure' the defective notice? When I first read the act, I thought 'cure' the defective notice means the court declare the meeting is invalid but procedure irregularity is not the reason to do so at the same time.
Anyone, please help. Thanks in advance.
I'm a beginner in Corporate law. I have a question about s1322. If there is defective notice, the meeting or any action taken in that meeting is not void merely because of a defect in notice of the meeting (i.e. Failure to give notice to a particular member). Thus, defective meeting may be cured by the general power under s1322. I don't understand what does it mean by 'cure' the defective notice? When I first read the act, I thought 'cure' the defective notice means the court declare the meeting is invalid but procedure irregularity is not the reason to do so at the same time.
Anyone, please help. Thanks in advance.