Sentences with phrase «majority voting requirements»

Ramchandani estimates that CBCA corporations will likely be required to comply with the new diversity disclosure, as well as majority voting requirements, in the 2020 or 2021 meeting season.

The key reforms to the existing legislation will affect diversity disclosure, majority voting requirements and internet posting of meeting materials.

These governance policies include the annual election of all Board members and a majority voting requirement for the election of directors.

Replacing the super majority vote requirements for variances and special permits with a simple majority standard.

Not exact matches

Following completion of this offering, the Principal Stockholders will control more than 50 % of the combined voting power of our common stock, so under current listing standards, we would qualify as a «controlled company» and accordingly, will be exempt from requirements to have a majority of independent directors, a fully independent nominating and corporate governance committee and a fully independent compensation committee.

July 14, 2015 — CCGG's Executive Director Stephen Erlichman was quoted in The Globe and Mail about a legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors.

«Moreover, we believe that a supermajority vote requirement can enable a small group of shareholders to overrule the will of the majority shareholders.

Under these rules, a company of which more than 50 % of the voting power is held by an individual, a group or another company is a «controlled company» and may elect not to comply with certain corporate governance requirements of the, including (1) the requirement that a majority of the board of directors consist of independent directors, (2) the requirement that we have a nominating and corporate governance committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities and (3) the requirement that we have a compensation committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities.

The bill proposes to implement a requirement of majority voting for all public companies incorporated under the Canada Business Corporations Act.

The bill proposes to implement a requirement of majority voting for all public companies incorporated under the...

A narrow majority of votes were cast in favour of change, but this had no effect due to a requirement that the number voting «Yes» had to exceed 40 % of the total electorate.

(His fellow GOPer, Long Island Rep. Peter King, was a sponsor of the bill and voted «yes» after taking it on the chin from Democratic Rep. Anthony Weiner when members of his conference refused to provide sufficient support to reach the majority's two - thirds requirement back in July).

In the Senate, the Majority Leader can call for a cloture vote — that's essentially what the sixty vote requirement for ending a filibuster is.

Although the GOP - controlled House is likely to pass the more - stringent work requirement for SNAP, the bill faces a steeper climb in the Senate where Republicans hold only a one - vote majority.

Under the current system, sometimes called «first past the post» or «winner takes all», the successful candidate is the one with the most votes, with no requirement for them to gain an absolute majority.

H.B. 32 would remedy these infringements on voting rights which are are unacceptable in a free state, and align our state's ballot access requirements with those used by the vast majority of states in the union.

Yesterday, a Senate majority voted to repeal regulations created to ensure that states meet the requirements of the Every Student Succeeds Act (ESSA) when drafting their state plans.

Target has ceded the issue to its shareholders, and asserted that because the change has been approved by a majority of the board of directors, it now only needs the affirmative vote of the majority of the outstanding shares of Target common stock voting at a meeting where the quorum requirement is met.

The first impact of this decision occurred when the federal government drafted the Clarity Act, SC 2000 c 26, which gave the House of Commons the power to decide whether the proposed referendum question was clear, and whether a clear majority had expressed itself following the referendum vote, among other requirements.

The addition of a requirement of a 50 % majority is likely to be effective given the relatively low level of support some ballots have achieved when measured against all those entitled to vote.

«The classes are about how to be nice to each other, not about substantive law issues,» said Catherine Coburn, a Beaverton attorney who was among the two - thirds majority of bar members who voted to nix the anti-bias requirement in April.

Global Proxy Watch's «Stars 2016» list named CCGG Executive Director Stephen Erlichman in connection with spearheading the lengthy drive by CCGG on majority voting, namely influencing the TSX to adopt a majority voting listing requirement in 2014 and helping to convince the federal government to bring Bill C - 25 forward in 2016.

CCGG Executive Director quoted in The Globe and Mail regarding legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors

July 14, 2015 — CCGG's Executive Director Stephen Erlichman was quoted in The Globe and Mail about a legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors.

The merger must be approved by a majority of the members present and qualified to vote at a general membership meeting called for such purpose at which a quorum is present, unless otherwise specified in the association's bylaws, or unless there are other requirements of state law.