Law · Company Law
In a company with more than one member, what is the statutory quorum required for a class meeting under UK Company Law?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the above
- 2Five persons holding at least three-quarters of the nominal value of the shares in the class
- 3Three persons holding at least one-half of the nominal value of the shares in the class
- 4Two persons holding or representing by proxy at least one-third of the nominal value of the issued shares of the class✓
Correct answer
Two persons holding or representing by proxy at least one-third of the nominal value of the issued shares of the class
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