September 12, 2018

An extraordinary meeting is a meeting of members of the company that is convened when an important resolution is to be passed and an AGM cannot be called because it is not yet time for one, or it had recently held. An EGM can be said to be convened when there is an urgent need to convene a meeting of all members of the company.


An extraordinary general meeting of a company may be called for by any member or members of the company holding at the date of the call, not less than one‐tenth of the paid up capital of the company or in the case of a company not having a share capital, members of the company representing not less than one tenth of the total voting rights of all the members having at the said date a right to vote at general meetings of the company. The call is referred to as a requisition. The directors, on receipt of the requisition for an EGM will proceed to convene the meeting, notwithstanding anything in its articles.

The requisition will state the objects of the meeting, and be signed by the requisitionists and deposited at the registered office of the company. If the directors do not within 21 days from the date of the deposit of the requisition proceed duly to convene a meeting, the requisitionists, or anyone or more of them representing more than one half of the total voting rights of all of them, may themselves convene a meeting, provided that any meeting so convened shall not be held after the expiration of three months from that date.

All businesses transacted at an EGM are deemed special.

Reference- s. 215 CAMA

Do you need more articles like this? Do you want to know what the law says about a particular subject matter or about your company? Log on to our website – www.618bees.com or call us on 23412803791 to speak with any of our consultants that are always available to provide answers to any questions you may have concerning your business.

Best Regards,

Team 618 Bees



The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer.This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached.

More Articles


Connect With Us

Got any questions?

If you are having any questions, please feel free to ask.

Send us an email

Frequently Asked

  • Why must I file Annual Returns?

    It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly. 

  • Do I need a Company Secretary?

    A limited liability company (LLC) must have a company secretary.

  • If I have NAFDAC Registration number, do I still need SON registration number?

    SON Product Registration scheme is mandatory for all SON’s regulated products as mandated by SON Act 56 of 1971, 20 of 1984, 18 of 1990 as amended.

    This is irrespective of the registration done by NAFDAC

  • Can a minor be a company director?

    No, a minor cannot be a director. A minor under Nigerian Law is anyone who is below 18 years of age.

  • Why do I need a trademark?

    You need to register your trademark because if you don’t register it, someone else can! It helps identify you as the source ad indicates a consistent level of quality of your products and services. Securing a registered trademark protects your brand, and provides you with tools to prevent someone else from using similar signs and riding off the back of your business.

Call Us Now on +234 1 280 3791