Companies Act 2014 section 177

Extraordinary general meetings

Section 177 defines what an extraordinary general meeting (EGM) is, and sets out who may convene one.

• Any general meeting of a company that is not an annual general meeting is classified as an extraordinary general meeting (EGM).
• Directors have the power to call an EGM whenever they consider it appropriate, regardless of what the company's constitution may say.
• Where there are not enough directors available to form a quorum for a directors' meeting, any single director or any member of the company may convene an EGM.
• An EGM convened by a director or member in the absence of a quorum must be organised as closely as possible to the way directors would normally arrange such a meeting.