All sections · Part VI: Membership · Sub-Part III: Members Meetings and Resolutions
119 Jointly owned shares
Subject to a company‘s memorandum and articles, the following apply where
shares are jointly owned —
(a) if two or more persons hold shares jointly each of them may be present
in person or by proxy at a meeting of members and may speak as a
member;
(b) if only one of them is present in person or by proxy, he may vote on
behalf of all of them; and
(c) if two or more are present in person or by proxy, they must vote as one.
shares are jointly owned —
(a) if two or more persons hold shares jointly each of them may be present
in person or by proxy at a meeting of members and may speak as a
member;
(b) if only one of them is present in person or by proxy, he may vote on
behalf of all of them; and
(c) if two or more are present in person or by proxy, they must vote as one.
