CmaBylaw
Executive Bylaws
12-49 Of Module Eleven: Dealing in Securities
Section: Chapter Twelve: Bond Regulations
-
Tuesday, 14 February 2017
Resolutions issued by the Bondholders’ Association shall be deemed valid only if the number of the members attending represents two thirds of the value of Bonds issued. In the event that such quorum is not met, the Bondholders’ Association shall call for another meeting of the same agenda within five Business Days from the date of the first one. The second meeting may be held in the presence of a number of the members that represents one third only of the value of Bonds issued. Resolutions are issued by the majority of two thirds. The second meeting may be held without need to new invitation procedures, if it is stated in the invitation of the first one.
Related pages - By Law
Related Pages
CmaSideNavigation
In this section

We use cookies to ensure you get the best experience on our website.