Section 82
of International Business Companies Order, 2000
Section 82
(1)
Subject to any relevant modification, the directors of an IBC may convene meetings of the members of the IBC at such times, in such manner and at such places, within or outside Brunei Darussalam, as the directors consider necessary or desirable.
(2)
Subject to any provision in the Memorandum or Articles for a lesser percentage, upon the written request to the IBC of members holding more than fifty per cent of the votes, or in the case of a company limited by shares of the votes, of the outstanding shares in the IBC, the directors shall convene a meeting of members to be held within thirty days of the receipt of such a request.
(3)
Subject to any relevant modification, a member shall be deemed to be present at a meeting of members if –
(a)
he participates by telephone video-conferencing facility or other electronic means; and
(b)
all members participating in the meeting are able to hear each other.
(4)
A member may be represented at a meeting of members by a proxy who may speak and vote on behalf of the member.
Incorporating amendments until S 53/2017
(Clean Vesion) NANI/zimah _ as of 11 February 2020
75
BLUV as at 20th June 2017
(5)
The following provisions apply in respect of joint ownership of shares –
(a)
if two or more persons hold shares jointly, each of them may be present in person or by proxy at a meeting 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.
Notice of meeting of members.