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In some settings, this is known as a special general meeting or an emergency general meeting. In the United Kingdom, the directors of a public company must convene an EGM if the net assets fall to half or less of the amount of its called-up share capital (section 656 of the Companies Act 2006). Shareholders who meet certain criteria can ...
A special session usually adopts one or two outcome documents, such as a political declaration, action plan or a strategy. Special sessions last from one to several days. Like a regular annual session, a special session consists of both formal and informal plenary meetings, with a Committee of the Whole negotiating the outcome document. [1]
The procedure to call an emergency special session are laid out in the Rules of Procedure of the General Assembly. The rules pertaining to emergency special sessions are as follows (as amended by Res. 1991 that increased majority needed from 7 to 9): [8] Rule 8(b) – Summoning at the request of the Security Council or Members
Elliott Investment Management now holds 10% of Southwest Airlines' common stock, crossing the threshold that allows the hedge fund to call a special meeting at the carrier, according to a person ...
In a legislature, a special session (also extraordinary session) is a period when the body convenes outside of the normal legislative session.This most frequently occurs in order to complete unfinished tasks for the year (often delayed by conflict between political parties), such as outlining the government's budget for the next fiscal year, biennium, or other period.
“For a mayoral-appointed, lame duck school board to call a special meeting with only 48 hours’ notice on a Friday evening before the start of the holiday break to make decisions with lasting ...
An emergency special session [17] is an unscheduled meeting of the United Nations General Assembly to make urgent, but non-binding decisions or recommendations regarding a particular issue. Emergency special sessions are rare, having been convened only eleven times in the history of the United Nations. [18]
An emergency special session is an unscheduled meeting of the United Nations General Assembly to make urgent recommendations on a particular situation relevant for the maintenance of international peace and security in any instance where the Security Council fails to act owing to the veto of a permanent member.