Who has the legal authority to call a special shareholders’ meeting when the board refuses to do so under CBCA
Who has the legal authority to call a special shareholders’ meeting when the board refuses to do so under CBCA?
A. Any individual shareholder
B. Shareholders holding at least 10% of voting shares
C. The company’s auditor
D. Senior management of the company
Answer: B
Explanation: Under CBCA, shareholders holding 10% or more of voting shares may requisition and call a special meeting if the board fails to act.
