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(1)A general meeting of a private company (other than an adjourned meeting) must be called by notice of at least 14 days.
(2)A general meeting of a public company (other than an adjourned meeting) must be called by notice of—
(a)in the case of an annual general meeting, at least 21 days, and
(b)in any other case, at least 14 days.
(3)The company’s articles may require a longer period of notice than that specified in subsection (1) or (2).
(4)A general meeting may be called by shorter notice than that otherwise required if shorter notice is agreed by the members.
(5)The shorter notice must be agreed to by a majority in number of the members having a right to attend and vote at the meeting, being a majority who—
(a)together hold not less than the requisite percentage in nominal value of the shares giving a right to attend and vote at the meeting (excluding any shares in the company held as treasury shares), or
(b)in the case of a company not having a share capital, together represent not less than the requisite percentage of the total voting rights at that meeting of all the members.
(6)The requisite percentage is—
(a)in the case of a private company, 90% or such higher percentage (not exceeding 95%) as may be specified in the company’s articles;
(b)in the case of a public company, 95%.
(7)Subsections (5) and (6) do not apply to an annual general meeting of a public company (see instead section 337(2)).
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