Examlex
It is good practice to send kick-off meeting minutes to all meeting participants and other appropriate stakeholders within a day or two of a meeting.
Closely Held Corporations
Corporations in which there are relatively few shareholders; referred to as non-distributing corporations in some jurisdictions.
Annual Return
A yearly statement filed by businesses detailing important company information such as capital, membership, and accounts.
Pre-emptive Rights
Pre-emptive rights, in corporate law, are rights given to existing shareholders to purchase additional shares before they are offered to new potential shareholders, usually to maintain their proportional ownership in the company.
Proportionate Share
Refers to an individual's or entity's portion or share of a total amount, calculated based on specific criteria or ratios.
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