Sole Shareholder Shareholer Meeting Hk. To decide whether a motion is an ordinary resolution or a special resolution, it depends on the companies ordinance and the memorandum and articles of association of the company. Lastly, circulate the minutes to all shareholders for their records.
The rules and regulations which govern the holding of the meetings are laid down by the common law, the ordinance and the company’s articles of association. A shareholder in hong kong can be an individual or another company. Also, if the company is liquidated they are entitled to receive what is left of the assets after they have been distributed to the creditors.