CmaBylaw
Executive Bylaws
11-63 Of Module Eleven: Dealing in Securities
Section: Chapter Eleven: Sukuk Regulations
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Tuesday, 14 February 2017
A Sukukholders Association may not discuss matters not listed in the agenda unless they are urgent matters that occurred after the agenda is prepared or are made known during the meeting. Such matters may also be addressed in the meeting if the Authority, Representative or Sukukholders who own 5% or more of the value of Sukuk apply for the same and such matters are not one of those shown in the second paragraph of Article (11-64) of this Module. If it is found during discussion that the information available concerning some of the matters discussed is insufficient, the meeting shall be delayed for ten business days at most if Sukukholders, who own 25% of the value of the Sukuk, apply for the same. The delayed meeting shall be held without a need for new invitation procedures.
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