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With respect to the motions below new enterprise at an AGM, it’s higher if you’ll be able to present discover to the homeowners prematurely of the assembly, particularly if you understand that that is going to be mentioned on the assembly. Nonetheless, occasionally, there are motions which can be made out of the ground below new enterprise. That’s the reason it’s so vital that you simply attend the AGM and/or present your proxy to somebody you may belief with a purpose to characterize and defend your curiosity.
Useful Trace: Minute taking is an artwork and it requires an understanding of what’s related and what’s not related. Because the minute taker, attempt to stay unbiased and impartial. Keep away from “he mentioned, she mentioned, they mentioned” dialogue. A superb set of minutes supplies extremely helpful info and an understanding of the route of the homeowners and/or board. Minutes aren’t designed to be a word-by-word report of a gathering, however a transparent and concise abstract of what occurred on the assembly, what selections had been made and what actions must be taken following the assembly.
Roberto Noce, Q.C. is a companion with Miller Thomson LLP in each the Edmonton and Calgary workplaces. He welcomes your questions at albertacondolaw@millerthomson.com. Solutions are usually not meant as authorized opinions; readers are cautioned to not act on the knowledge supplied with out in search of authorized recommendation on their distinctive circumstances. Comply with Noce on Twitter at @RobertNoce.
